Question

Rihan purchased 120 pencils at the rate of Rs. 5 per pencil. He sold 72 of them at the rate of Rs.5.5 per pencil and the remaining at the rate of Rs.5 per pencil. Find his profit or loss percent.Pls tell

Answer 1

Answer:

It may help you

Step-by-step explanation:

I do by this method, it will solve your problem.

Answer 2

Step-by-step explanation:

rihan purchased 120 pencil at: 5perpencil

he sold 72 pencil at: 5.5per pencil

remaining pencil will be 120-72=48

the 72 pencil sold amount per 5.5=72x5.5

396

the 48pencil sold amount per 5=48x5

240

the total sold price=396+240

636

profit percentage:profit/cp x100. (cp=120x5=605) (profit=sp-cp=636-120=516)

516/605x100

85.289256

85.5percent