Question

A shopkeeper makes profit of Rs.5 on each pen and incurs a loss of Rs. 2 on each pencilbox . What will the net profit if he sells ten pens and ten pencilboxes??

Answer 1

Answer:30 rupees

Step-by-step explanation:

Answer 2

Concept introduction:

Profit is a phrase used to indicate the financial gain a company makes when its revenue exceeds its costs and expenses.

Given:

Here it is given that a shopkeeper makes profit of $Rs.5$ on each pen.

And incurs a loss of$Rs. 2$ on each pencil box.

To find:

We have to find the net profit if he sells ten pens and ten pencil boxes.

Solution:

According to the problem,

By selling $10$ pens he will earn a profit of about

$(5*10)\\=50Rs.$

and by selling $10$ pencil boxes he incurs a loss of about

$(10*2)\\=20Rs.$

His net profit will be

$(50-20)\\=30Rs.$

Final answer:

So, the final answer of the question is $30Rs.$

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