Question:
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. [Page No. 46]
Answer:
Verified
Given, loan (debt) of ₹ 850 = -850
profit (fortune) of ₹ 1,200 = +1200
loss of ₹ 450 = -450
So, equation is given by using integers
(-850) + 1200 + (-450) = 1200 - 850 - 450
= 350 - 450 = -100
Hence, the trader is still in debt of ₹ 100 after all transactions.