Question

A stationer purchased 10 sets of pencils each containing
10 pencils. The cost of each set was 45. He sold each pencil for


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Answer 1

Answer:

Explanation : A set of 10 pencils cost 45

S.P. of 1 pencil 5

:: S.P. of 10 pencils is 50

S.P. > C.P. :: profit

Profit on 1 set =350 – 45=35

- profit on 10 sets = 5 x 10 = 350

Answer 2

CP = 10 × 45

CP = ₹450

SP = 10 × 10 × ₹5

SP = ₹500

Here,

SP is greater than CP

So,

There is Profit of ₹50 (₹500 - ₹450 = ₹50)

Hope it's helpful to you !