If a man buys 40 purse for $110 and sold them for $3 dollars each determine his gain.
Pick one
A) $ 20
B) $ 10
C) $ 30
D) $ 5
E) $ 25
Cost of 40 purse = $110   Sold each purse for $3   So he sold 40 purse for $(40 × 3) = $120   Loss = $(120 – 110) = $10   Therefore, gain = $ 10.   Answer:$ 10
<result>B</result>
If a man buys 40 purse for $110 and sold them for $3 dollars each determine his gain.