Question

A shopkeeper bought 50 pens for ₹100 he then sold each pen for ₹2 find profit or loss

Answer 1

GIVEN

A shopkeeper bought 50 pens for Rs.100

He sold Each pen for Rs.02

TO FIND :- Profit or Loss

SOLUTION

If he sells Rs.02 for each pen then total selling price will be -

2 × 50 = Rs.100

Now,

Profit happens when CP < SP

Loss when CP> SP

But here SP = CP

Which means the Loss/Profit is zero.

Hence, no loss or profit in this case. The shopkeeper sells it in hand to hand price.

Answer 2

He got profit as he got same amount for the pens