A man bought some pencils for ₹ 30 and some pens for ₹ 90. The next day, he again bought some pencils for ₹ 25. Then, he sold all the pencils for ₹ 20 and the pens for ₹ 70. What was his net gain or loss?

see full answer

High-Paying Jobs That Even AI Can’t Replace — Through JEE/NEET

🎯 Hear from the experts why preparing for JEE/NEET today sets you up for future-proof, high-income careers tomorrow.

An Intiative by Sri Chaitanya

Loss of 55 rupees

Profit of 55 rupees

Loss of 99 rupees

Profit of 100 rupees

answer is A.

(Unlock A.I Detailed Solution for FREE)

Best Courses for You

JEE

NEET

Foundation JEE

Foundation NEET

CBSE

Detailed Solution

Net loss or gain = Total money gained on selling –Total money spent on buying
The man bought pencils for ₹ 30 and some pens for ₹ 90, again bought some pencils for ₹ 25.
Thus, the total money spent on buying is (30+90+25) ₹=145₹.
He sold all the pencils for ₹ 20 and the pens for ₹70.
Thus, the money gained on selling is (20+70) =₹90
Net loss or gain = Total money gained on selling –Total money spent on buying
= ₹90 –₹145
= –₹55
We know that the negative sign indicates a loss.
Therefore, he suffered a net loss of ₹55.
Hence, the correct option is 1.

Watch 3-min video & get full concept clarity

Result Producing online coaching for JEE/NEET of south India

Largest All India Test Series for JEE/NEET

Best Online Course for IIT JEE

Best Online Course for NEET

Best Online Course for CBSE

Ready to Test Your Skills?

Check your Performance Today with our Free Mock Test used by Toppers!

Take Free Test

Get Expert Academic Guidance – Connect with a Counselor Today!

Result Producing online coaching for JEE/NEET of south India

Largest All India Test Series for JEE/NEET

Best Online Course for IIT JEE

Best Online Course for NEET

Best Online Course for CBSE