Question

A shopkeeper buys 40 pencils for Rs.64 and sells at 10 pencils for Rs.20 find his profit or loss percentage

Answer 1

Given total cost = 80 and no. of pencil is = 50.

the cost of 1 pencil is 80/50 = 8/5rs.

now for 40 pencil the cost would be 40*(8/5) = 64 rs

but he sold those at 80rs in total.

so gain % is (80-64)/64 = 16/64 = 25%

Answer 2

Answer:

answer is profit

Step-by-step explanation:

40 pencils =64 rupees then 1 pencil=1 rupee 6 paise

40/64=1.6

then he sold 10 pencils at cost of 2 rupees each

then there will be profit