Question

Mr. Smith buys a pencils at ₹ 250 per hundred and sells each at ₹ 1.75 find his profit or loss ​

Answer 1

Given:

• Mr. Smith buys a pencils at ₹ 250 per hundred and sells each at ₹ 1.75

To find:

• Find his loss or profit

Solution:

• Total Cost Price= ₹250
• Total selling price= 1.75×100
• = 175
• Total Loss= 250-175 = ₹ 75
• Loss % = 75/250×100
• =30%
• Hence the loss % is 30%

$\colorbox{cyan}{Hope \: it \: Helps \: uh!...}$

Answer 2

Hello
NOW THE ANSWER IS QUITE SIMPLE

Cost of hundred pencils = ₹250
So cost of 1 pencil = 250/100 = ₹2.5

Cost of 1 pencil MR SMITH sells = ₹1.75

So clearly by comparing ₹2.5 and ₹1.75
He spent more money for buying them first

So mr smith loses ₹0.75 on each pencil

Hope it helps you :)