Q1-A man bought some pencils 30 and some pens for 90.The next day he again bought
some pencils for 25.Then, he sold all the pencils for 20 and the pens for 70, What was his
net gain or loss?
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Answer:
total CP of pencil = 30
total CP of pen = 90
total CP = 30+90+25=145
total SP of pencil = 20
total SP of pen = 70
total SP = 20+70=90
as SP<CP that's why it is loss
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