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Total loss given = 5, which we denote by
Profit earned + Loss incurred = Total loss
Therefore, Loss incurred = Total Loss - Profit earned
=?(-5-45) = *(-50) = -5000 paise
Loss incurred by selling one pencil = 40 paise which we writ
So, number of pencils sold = (-5000) - (-40) = 12
(ii) In the next month there is neither profit nor loss.
So, Profit earned + Loss incurred=0
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