Question

A
15. A store owner purchased a ream of paper
for 50 and sold it in retail at 5.50 per
quire. How much profit or loss did he
make? (Hint: one ream = 20 quire)​

Answer 1

Answer:

purchase of 20 quire(ream) = 50 rupees

sold at one quire                               = 5.50

total sold cost                                     = 20X5.50

                                                            =110

profit= 60 rupees

Step-by-step explanation: