A shopkeeper buys pen at the rate of 10 for 500 and sold at the rate of 8 for 320. Find his profit or loss
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Answer:
loss = 80
Step-by-step explanation:
buys pen Rs 10 For Rs 500
No Of pen Buy = 500/10
No Of pen Buy = 50
Sell pen Rs 8 For Rs 320
No Of pen sell = 320/8
No Of pen sell = 40
so find 40 pen buy price = 10 * 40 =400
40 pen sell price = 320
loss = 400 - 320
loss = 80
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