A shopkeeper earns a profit of 1 by selling one pen and earns a loss of 30 paise on sale of one pencil. In a particular month, he incurs a loss of 5. In that month, he sold 40 pens. How many pencils did he sell in that period?
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Answer:
150 Pencils he sold in this period.
Step-by-step explanation:
Profit earned by selling 1 pen = Rs. 1
Profit earned by 40 pens = Rs. 40, which we denote by + Rs. 40
Total loss given = Rs. 5, which we denote by Rs (- 5.)
Total Loss = Profit earned + Loss incurred
Therefore,
Loss incurred = Total Loss - Profit earned.
= Rs. [ - 5 - 40 ]
= Rs. -45
= -4500 paise
Loss incurred by selling one pencil = 30 paise,
which we write as -30 paise.
So, number of pencils sold = (−4500 ) ÷ (−30)
= 150 pencils.
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