the shopkeeper bought a pen for rupees 75 book for rupees 240 and a pencil box for rupees 46 he sold the pen for rupees 81 book for rupees 255 and the pencil box for rupees 40 what was his gain or loss
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The shopkeeper gained a profit of Rs 16 after solding the articles .
The profit gained by solding the pen = 81 - 75 = Rs 6
The profit gained by solding the book = 255 - 240 = Rs 15
The loss by solding the pencil box = 46 - 41 = Rs 5
net profit or loss = 6 + 15 - 5 = Rs 16
As the value is positive , it is the profit that is of Rs 16
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