Question

A shopkeeper buys 50 pencils for 90rs and sell them at 40 pencils at 96rs. Find his gain or loss percent.

Answer 1

Step-by-step explanation:

buys 50 pencils for=₹90

buys 1 pencio=90/50=9/5=1.8

sell 40 pencil =₹96

1 pencil sell=96/40=2.4

do 2.4>1.8

do he is in profit of 2.4-1.8=0.6 per pencil

percentage =

$\frac{0.6}{1.8} \times 100 = \frac{6}{18} \times 100 = \frac{1}{3} \times 100 = 33.32approx$

33.32%