a shopkeeper bought 5 pencils for 12 rupees and sold 4 pencils for 16 rupees .if he earns a profit of 64 rupees.find the number of pencils?
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Answer:
cost for each pensils that he buy
12/5=2.4
cost of each pensils that he sold = 16/4=4
profit by each pensil=4.0-2.4=1.6Rs
we would devide total profit from profit by 1 pensil
64/1.6=40 is ans
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