Question

Andy purchased 120 pencils at the rate of Rs. 2 per pencil. He sold 72 of them at the rate of Rs. 2.5 per pencil and the remaining at the rate of Rs. 2 per pencil. Find his profit or loss per cent. 

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Answer 1

Answer:

profit

120×2=240

72 ×2.5=180

remaining balance of pencil =120-72=48

48×2=96

180+96=276

276-240=$36 profit