If a man buys 20 lollipops for $90 and sold them for $2 dollars determine his loss.
If a man buys 20 lollipops for $90 and sold them for $2 dollars determine his loss.
Answer/Solution
$50
Steps/Work
Cost of 20 lollipops = $90
Sold each lollipop for $2
So he sold 20 lollipops for $(20 × 2) = $40
Loss = $(90 – 40) = $50
Therefore, loss = $ 50
correct answer E)$50
Sold each lollipop for $2
So he sold 20 lollipops for $(20 × 2) = $40
Loss = $(90 – 40) = $50
Therefore, loss = $ 50
correct answer E)$50