A company gains Rs. 5 by selling a pen and loses Rs. 2 by selling a pencil. If it sells 15 pencils and 8 pens, then the company:

Gains Rs. 10.

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Loses Rs. 10.

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Gains Rs. 59.

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Loses Rs. 59.

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Solution

The correct option is A Gains Rs. 10.
By selling 8 pens, the company gains (Rs. 8) x 5 = Rs. 40.
By selling 13 pencils, the company loses (Rs. 2) x 15 = Rs. 30.
We consider gain/ profit to be a positive number and loss to be a negative number.
Thus, overall profit/ loss = (Rs. 40) + (-Rs. 30) = Rs. 10
Since this is a positive number, it denotes profit.

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A shopkeeper earns a profit of Re 1 by selling one pen and incurs a loss of 40 paise per pencil while selling pencils of her old stock.

(i) In a particular month, she incurs a loss of Rs 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? [3 MARKS]

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A company gains Rs. 5 by selling a pen and loses Rs. 2 by selling a pencil. If it sells 15 pencils and 8 pens, then the company:​

A company gains Rs. 5 by selling a pen and loses Rs. 2 by selling a pencil. If it sells 15 pencils and 8 pens, then the company: