A dealer pruchased 100 quintals of wheat at Rs. 550 a quintal. He spent Rs. 10000 on transportation and storage. He then sold the wheat at Rs. 6.50 per kg. Find his profit or loss.

A dealer pruchased 100 quintals of wheat at Rs. 550 a quintal. He spen

1.	A dealer pruchased 100 quintals of wheat at Rs. 550 a quintal. He spent Rs. 10000 on transportation and storage. He then sold the wheat at Rs. 6.50 per kg. Find his profit or loss.
Answer» ANSWER :No PROFIT no LOSS