A shop keepers earns a profit of ₹1 by selling one pen and incurs a loss oh 40paise per pencil while selling pencils of her old stock.
i) In a particular month she incurs a loss of ₹5 . In this period , she sold 45 pens . How many pencils did she sell in this period
ii) In the next month she earns neither profit nor loss.If she sold 70 pens , how many pencils did she sell
Answers
Answer:
Profit earned by selling 1 pen = Re 1
Profit earned by 45 pens = Rs. 45, which we denote by + Rs. 45
Total loss given = Rs. 5, which we denote by Rs -5.
Profit earned + Loss incurred = Total Loss
Therefore, loss incured = Total Loss - Profit earned.
= Rs. (-5-45)
=Rs. (-50)= -5000 paise
Loss incurred by selling one pencil = 40 paise, which we write as -40 paise.
So, number of pencils sold = (−5000)÷(−40)=125 pencils.
Answer:
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