Question

Arnav bought 20 pencils for rs 80 and sold them each for rs 5. What was his profit or loss?

Answer 1

Answer:

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Step-by-step explanation:

C.p of 20 pencils= 80

C.p of 1 pencil= 80/20=4 rs

but S.p one pencil is rs 5

So there's a profit. S.p of 20 pencils =20×5= 100 rs

Profit =S.p - C.p

=100-80=20 rs

Profit is 20 rs.

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