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)
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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:
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