A shopkeeper bought a pen for Rs75, a book
240 and a pencil for Rs.1o.He sold the pen for
Rs loo, book for Rs 230 and the pencil for Rs.S.
What was his gain on loss?
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Answer:
He got a total gain of Rs 10.
Step-by-step explanation:
Total CP = CP of pen + CP of book + CP of pencil
= Rs 75 + Rs 240 + Rs 10 = Rs 325
Total SP = SP of pen + SP of book + SP of pencil
= Rs 100 + Rs 230 + Rs 5
= Rs 335
The SP is higher than the CP, therefore there has been a gain.
Gain = SP - CP
= Rs 335 - Rs 325
= Rs 10.
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