A man bought some pencils for rs 30 and some pens for rs 90. the next day he again bought some pencils for rs25. then, he sold all the pencils for rs 20 and the pens for rs 70. what was his net gain or loss?
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Answered by
31
Answer:
loss on each pen and pencil is (30-10)=10
90-70=20
25-20=5
so 10+20+5=35
Man had loss rs 35
Answered by
2
The net loss was Rs. 55
Given - Cost price and selling price
Find - Net gain or loss
Solution - Firstly calculating the total cost price and total selling price of both pens and pencils.
Total cost price of pens = 90
Total cost price of pencils = 30 + 25
Total cost price of pencils = 55
Overall cost price = 90 + 55
Overall cost price = 145
Total selling price of pencils = 20
Total selling price of pens = 70
Overall selling price = 20 + 70
Overall selling price = 90
The cost price is greater than selling price, hence, man suffered loss.
Loss = cost price - selling price
Loss = 145 - 90
Loss = Rs. 55
Hence, the net loss of man is Rs. 55.
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