A shopkeeper gains rs 1 on each pen and loses 40 paise on each pencil.He sells 45 pens and some pencils losing rs5 in all.How many pencils does he sells? With explanation which is understandable ans can be written in notebook
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The total number of pencils sold by the shopkeeper is:
125
Step-by-step explanation:
Solution:
Amount earned by selling 1 pencil = 1 Rs
Amount earned by selling 45 pencils = 1 x 45 = 45 Rs
Hence the amount earned is 45 Rs
The net loss he suffered in selling pencil is Rs. 5.
The loss in transaction is loss= -Rs.5 – Rs.45= -Rs.50
= -5000 paise
Loss incurred in selling 1 pencil = - 40 paise
So The number of pencil sold by the shopkeeper is= 5000/40
= 125 pencils
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