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Question

A shopkeeper earns a profit of ₹ 1 by selling one pen and incurs a loss of 40 paise by selling a pencil. If she sells 70 pens, then how many pencils does she have to sell if there is no profit or loss in the transaction.


A
175
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B
174
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C
170
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D
185
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Solution

The correct option is A 175
There is neither profit nor loss.​

Profit earned + loss incurred = 0 ​

i.e., Profit earned = - Loss incurred. ​

Now, Profit earned by selling 70 pens = 70 × 1 = ₹ 70​

Therefore, Loss incurred by selling pencils = - ₹ 70 or - 7000 paise.​

Loss incurred on each pencil = 40 paise. ​

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