QUESTION 2
Easy
A spice trader takes a loan (debt) of ₹850. The next day, he makes a profit (fortune) of ₹1,200. The following week, he incurs a loss of ₹450. Write this sequence as an equation using integers and calculate his final financial standing.
SOLUTION
Given,
Loan (debt) = − ₹850
Profit (fortune) = + ₹1,200
Loss = − ₹450
Writing the equation using integers, we get
(−850) + (1200) + (−450)
= −850 + 1200 − 450 = −100 Hence, the spice trader's final financial standing is − ₹100.
Loan (debt) = − ₹850
Profit (fortune) = + ₹1,200
Loss = − ₹450
Writing the equation using integers, we get
(−850) + (1200) + (−450)
= −850 + 1200 − 450 = −100 Hence, the spice trader's final financial standing is − ₹100.
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Final Answer : The spice trader is in a debt of ₹100.