A shopkeeper buys pens AT the rate of 7 for rs. 5 and sells AT the rate of 5 for 3.what will be the result?
Answers
Answered by
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7 -------------- Rs5
5-------------- Rs 3
35 ------------- 25 (CP)
35 -------------21 (SP)
Loss = 25-21 = Rs 4
Loss% = 4*100/25 = 16% (Ans)
Answered by
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There is a loss
Step-by-step explanation:
Cp of 7 pens = Rs.5
CP of 1 pen =
SP of 5 pens = Rs.3
Sp of 1 pen =
CP of 1 pen > Sp of 1 pen
So, there is loss
Loss = CP - SP =
Hence there is a loss
#Learn more :
A shopkeeper bought pens at the. Rate of 7 for rs 10 and sold them at 49% profit
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