Question

A shopkeeper earns a profit of Rupees 1 by selling one pen and incurs a loss of 40 paise per pencil while selling pencils of his old stock in a month. In a month he earns neither profit nor loss if he sold 70 pens how many pencils did he sell.a) 125 pencil B) 175 pencil

Answer 1

Profit Or Loss Incurred = 0

Now 70 pens means profit of Rs 70

Now Cost Price Of Pencils = 70-0 = 70

No of pencils = 70/0.40 = 175

So She Sold 175 pencils.