Question

A shopkeeper buys pencils at 1.50 rupees for each and equal number of pens 2.25 rupees each. if he sells both at 2 Rupees each. what is his gain or loss percent?

Answer 1

let number of pencils bought by shopkeeper
= X

So number of pencils is X ( as both is in equal numbers.)
total product= X+X=2X

Shopkeeper paid for pencils & Pencils =
1.5×X +2.5×X= 4X

After selling pencils and pens he got
= 2×2X= 4X

CP=SP
profit/Loss= 0

Neither profit nor loss.