KnowledgeBoat Logo
|

Mathematics

A shopkeeper bought a pen for ₹75, a book for ₹240 and a pencil box for ₹46. He sold the pen for ₹81, book for ₹255 and the pencil box for ₹40. What was his gain or loss?

Integers

1 Like

Answer

Given:

Cost Price (CP) of pen = ₹75
Cost Price (CP) of book = ₹240
Cost Price (CP) of pencil box = ₹46
∴ The total Cost Price(CP) = 75 + 240 + 46 = ₹361

Selling Price of pen = ₹81
Selling Price of book = ₹255
Selling Price of pencil box = ₹40
∴ The total Selling Price(SP) = 81 + 255 + 40 = ₹376

Since SP is greater than CP, it is a gain.

Gain = SP - CP
Gain = 376 - 361 = 15 \hspace{1cm}[Substituting the values of total SP and total CP]

∴ The shopkeeper gains ₹15

Answered By

3 Likes


Related Questions