Reference no: EM133058410

Question - Jess is running a business in Male'. She sells products that represent eco-friendly alternative to plastics. One of her most popular products is a bamboo toothbrush. On Monday morning, she has Rf.2,500 in her bank account. She buys 200 packs of toothbrushes on credit. Each pack costs her Rf.4. During the day she sells 40 packs for Rf.7 each and her customers pay cash. She also pays Rf.180 to trade payables, and Rf.30 for her telephone bill for the previous month.

Required -

1. How much cash does Jess have at the end on the day?

-Rf.2,570

-Rf.2,710

-Rf.1,770

-Rf.2,780

2. How much profit does she make during the day?

-Rf.100

-Rf.280

-Rf.90

-Rf.120