Answer:
Gopi made a loss in the deal
Step-by-step explanation:
To solve this question, we'll analyse each statement in the question one after the other.
From Roy to Mohan,
[tex]Selling\ Price = Ro.\ 60[/tex]
The profit of [tex]Ro.\ 10[/tex] goes to Roy
Mohan spent [tex]Ro. 27[/tex] on polish and repairs.
So, the cost price of the cupboard becomes
[tex]Cost\ Price = Ro.60 + Ro.27[/tex]
[tex]Cost\ Price = Ro.87[/tex]
He sells at a profit of [tex]Ro.8[/tex]. to Gopi
So, the selling price is:
[tex]Selling\ Price = Ro.8 + Ro.87[/tex]
[tex]Selling\ Price = Ro.95[/tex]
At this stage, the cost price of the cupboard to Gopi is:
[tex]Cost\ Price = Ro.95[/tex]
and
[tex]Selling\ Price = Ro.90[/tex]
Profit is calculated as:
[tex]Profit = Selling\ Price - Cost\ Price[/tex]
[tex]Profit = Ro.90 - Ro.95[/tex]
[tex]Profit =- Ro.5[/tex]
Because; the profit is negative, then it is a loss.
[tex]Loss = Ro.5[/tex]
Gopi made a loss in the deal