Question

3. A shopkeeper buys 50 pencils for Rs 80 and sells them at 40 pencils for Rs 90.FIND THE gain or loss percentage?

Answer 1

Answer:

cost price of 50 pencils = ₹80

selling price of 40 pencils =₹90

Then, selling price of one pencil

= 90/40 =₹2.25

selling price of 50 pencils =2.25×50= ₹112.50

As , SP is more , we have profit.

Then , Profit = sp-cp

=₹ 112.50 - ₹80

= ₹ 32.50

So, profit%= 32.50/80 ×100

= 325/8%

Answer 2

Answer:

CP of pencils=50*80=₹400

SP of pencils=40*90=₹360

As CP>SP

loss= ₹40

%=40/400*100= 10% loss

Your final answer is 10% Loss

pls correct me if I am wrong