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2015-08-23T22:21:02+05:30

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Profit on 1 pen = Rs 1
loss on 1 pencil = Rs 0.30

  let the number of pencils sold be = N
net profit-loss  =  40 pens * Rs 1  -  N * Rs 0.30   = - Rs 5.00
  solving that  we get :     N = 45 /0.30 = 150  pencils

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