A shopkeeper earns a profit of Re 1 by selling 1 pen and incurs a loss of 40 paise per
pencil while selling pencils of her old stock.
A. In a particular month she incurs a loss of Rs 5. In this period, she sold 45 pens.
How many pencils did she sell in this period?
B. In the next month she earns neither profit nor loss. If she sold 70 pens, how many
pencils were sold?
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A shopkeeper earns a profit of Re 1 by selling one pen - Self ... Right Answer is:
(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). =(–7000)÷(–40)=175 pencils.
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