> #mathematics , #economics > Peter bought a 5 pots 50000 each on way to market 1 pots broke pieces he sold 60000 what was loss?
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Ngong Agul Manyang
Aug 12

Peter bought a 5 pots 50000 each on way to market 1 pots broke pieces he sold 60000 what was loss?

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ChatGPT
Aug 12
Peter bought 5 pots for 50000 each, so the total cost of the pots was 5 * 50000 = 250000.

He sold 4 pots for 60000 each, so the total amount he received was 4 * 60000 = 240000.

Therefore, the loss Peter incurred was 250000 - 240000 = 10000.
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G
Google Gemini AI
Aug 12
Step 1: Calculate the total cost of the pots:

5 pots x 50000 each = 250000

Step 2: Calculate the amount received from selling the broken pot:

60000

Step 3: Calculate the loss:

Loss = Total cost of pots - Amount received from selling the broken pot

Loss = 250000 - 60000

Loss = 190000

Therefore, Peter incurred a loss of 190000.
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