a shopkeeper earns a profit of Rs 1 by selling a pencil and a loss of 20 paisa by selling an eraser.
In a given day he had a loss of Rs 20 on this day he sold 35 pencils. how many eraser were sold on this day.
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Answer:
(i) let no. of eraser sold be x total loss = rs 10
10= loss by eraser - profit
by pencil
10= (0.10x) - (35x1)
10= 0.10% -35
45=0.10x
x=450
so 450 erasers were sold that day
(ii) let no. of pencil be y
total profit = rs 25
25= profit by pencil - loss by eraser
25=( 1* y) - (100x 0.10)
25=y-10
35=y
so 35 pencils were sold that day
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