a shopkeeper earns a profit of 1rs by selling 1 pencil in a perticular month he incurs a loss of 5rs in that month he sold 40 pens how many pencils did he sell in that period
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=(–5000)÷(–40)=125 pencils. (ii) In the next month, there is neither profit nor loss. i.e., Profit earned = – Loss incurred. Hence, the loss incurred by selling pencils = Rs 70 which we indicate by (– Rs 70) or (– 7,000 paise).
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