Question

a shopkeeper buys 50 pencils for$80 and sells 40 pencils from it for$90.find profit or loss percent

Answer 1

Answer:

Step-by-step explanation:

CP OF 50 PENCILS = 80$

SP OF 40 PENCILS = 90$

SP OF 1 PENCIL = 90/40$

SP OF 50 PENCILS = 90/40×50$

= 225/2$ = 112.5$

HENCE, SP> CP , GAIN OCCURS

GAIN = SP - CP

112.5 - 80$ = 32.5 $

GAIN% = GAIN/ CP ×100

32.5$/80$ ×100%

325/8% = 40.625%

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