Question

40 pens were bought at Re 150 a dozen and they were sold at 2 for 8.75 find profit or loss

Answer 1

Answer:

₹ 325 Loss

Step-by-step explanation:

Cost of 12 pens (a dozen) = 150

Cost of one pen = 150/12 = 12.5

Cost of 40 pen = 40*12.5 = 500

Selling price of one pen = 8.75/2

Selling price of 40 pen = 40*8.75/2 = 175

Loss = 500 - 175 = 325

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