a shopkeeper earns a profit of 1 rs by selling one pen and include a loss of 40 paisa per pencil. while selling pencils of his stock . if it be sells 70 pens and there is neither profit nor loss
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Step-by-step explanation:
Loss per pencil 40 paisa.
Loss for 70 pencils = 70 × 40 = 2800 paisa = 28 Rupees.
So, to recover the loss of 28 rupees , 28 pens should be sold as each pen gives profit of 1 rupee
Ans.: 28 pens
p.s.: 5 pencils cause loss of 200 paise = 2 rupees. 2 pens cause profit of 2 rupees So, for every 5 pencils sold, 2 pens should be sold to ensure that no loss occurs.
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