Question

4 dozen pencils were bought by arnav at the rate of rupees 2.50 each . 10 pencils were used by him . Remaining pencils were sold by him at the rate of rupees 3.15 each. Find whether Arnav made a profit or incurred loss in this transaction

Answer 1

Please take time to do it at least once that way you don't have trouble in the future. Please and Thank You. Answer is down in the explanation.

Step-by-step explanation:

So 4 dozen pencils is 48 pencils we know he paid 2.50 rupees each so all we have to do is multiply 48 by 2.50 and you get 120 rupees. Then it says he used 10 pencils so 48 - 10 is 38 and he sold 38 pencils for 3.15 rupees each so now we multiply 3.15 by 38 which is 119.7 rupees. So in the end he did  make a profit because if each pencil he bought is 2.50 rupees and he took 10 that means he made Just about 25 rupees.