Ashop owner buys 5 handbags to sell in his shop. the owner pays $39.75 for each handbag. later, the owner has to sell the handbags at a loss. if he charges $27.79 for each handbag, what is his total loss for the 5 handbags?

5 x 39.75 = 198.75
 (because he bought 5 for that price)

5 x 27.79 = 138.95
(because he is selling each for that price, so to find total, need to multiply)

198.75 - 138.95 = 59.80
(taking the total amount he paid, and the amount he made after selling, then subtracting will show the amount he lost.)

His total lost is $59.80 

I hope this was helpful.

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