A shopkeeper bought some pencils. He bought some of the pencils at 4 for rupee 1 and an equal number of pencils at 5 for rupee 1. He sold all the bought pencils at 9 for 2 rupees. What is the approx. profit or loss percent of the shopkeeper?
Answers
Answered by
38
Answer:
The shopkeeper has profit because ge bought with rupee 1 but he sold for rupees 2.
Step-by-step explanation:
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Answered by
6
Answer:
1.23%
Step-by-step explanation:
It is given that some pencils, let's say 100 pencils, were brought at 0.25 rupee per pencil. So, 25 rupees were invested to buy those pencils. It is also given that another set of 100 pencils was brought at 0.20 rupee per pencil. So, 20 rupees were invested to buy those pencils. All the pencils were sold at 2/9 rupees per pencil. So, (200 * 2) / 9 = 44.44 rupees were earned after selling all those pencils. It is loss of 0.556 rupees. And the loss percent = (0.556 * 100) / 45 = 0.0123 * 100 = 1.23% .
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