Question

A shopkeeper bought a pen for Rs 75, a book for Rs 240 and a pencil box for Rs 46. He sold the pen for Rs 81, book Rs 255 and the pencil box Rs 41. what was his gain or loss?

Answer 1

cost of pen = 75, book =240, pencil box =46
he sold pen=81, book =255, pencil box =41
He gain on pen by 6 rupee, and in book 15 rupee and loss in pencil box by 5 rupee.
overall he got profit of 16 rupee

Answer 2

The shopkeeper gained a profit of Rs 16 after solding the articles .

• The profit gained by solding the pen = 81 - 75 = Rs 6

• The profit gained by solding the book = 255 - 240 = Rs 15
• The loss by solding the pencil box = 46 - 41 = Rs 5
• net profit or loss = 6 + 15 - 5 = Rs 16
• As the value is positive , it is the profit that is of Rs 16