A shopkeeper earns a profit of 1 by selling one pen and incurs a of 40 paise per pencil while selling pencils of her old stock
(I)In a particular month she incurs a loss of ₹ 5. In this period, she sold 45 pens. How many pencils did she sell in this period?
(ii) In the next month she earns neither profit nor loss. If she sold 70 pens, how many pencils did she sell
one with the appropriate answer will be marked as brainest
(I)In a particular month she incurs a loss of ₹ 5. In this period, she sold 45 pens. How many pencils did she sell in this period?
(ii) In the next month she earns neither profit nor loss. If she sold 70 pens, how many pencils did she sell
one with the appropriate answer will be marked as brainest
Answers & Comments
Verified answer
Answer:
125 pencils
Step-by-step explanation:
Profit earned by selling 1 pen = Re 1
Profit earned by 45 pens = Rs. 45, which we denote by + Rs. 45
Total loss given = Rs. 5, which we denote by Rs -5.
Profit earned + Loss incurred = Total Loss
Therefore, loss incured = Total Loss - Profit earned.
= Rs. (-5-45)
=Rs. (-50)= -5000 paise
Loss incurred by selling one pencil = 40 paise, which we write as -40 paise.
So, number of pencils sold = (−5000)÷(−40)=125 pencils.