ssccglapex

A bookseller procures 40 books for Rs. 3200 and sells them at a profit equal to the selling price of 8 books. What is the selling price of one dozen books, if the price of each book is same? A. Rs. 720 B. Rs. 960 C. Rs. 1200 D. Rs. 1440 Answer: Option C

Show Answer

Solution(By Apex Team)

Cost price of each book, $=\frac{3200}{40}$ = Rs. 80. Now, Selling Price of 40 books = CP of 40 books + SP of 8 books. Selling Price of 40 books – SP of 8 books = CP of 40 books. SP of 32 books = Rs. 3200 SP of 1 book $=\frac{3200}{32}$ = Rs. 100. So, Selling price of one dozen (12) book = 12 × 100 = Rs. 1200

Related Questions on Profit and Loss


A shopkeeper earns a profit of 12% on selling a book at 10% discount on the printed price. The ratio of the cost price and the printed price of the book is:

A. 45 : 56
B. 45 : 51
C. 47 : 56
D. 47 : 51
Show Answer

By selling a bicycle for Rs. 2,850, a shopkeeper gains 14%. If the profit is reduced to 8%, then the selling price will be:

A. Rs. 2600
B. Rs. 2700
C. Rs. 2800
D. Rs. 3000
Show Answer

A sells an article to B at a profit of 10% B sells the article back to A at a loss of 10%. In this transaction:

A. A neither losses nor gains
B. A makes a profit of 11%
C. A makes a profit of 20%
D. B loses 20%
Show Answer

A person sold a horse at a gain of 15%. Had he bought it for 25% less and sold it for Rs. 600 less, he would have made a profit of 32%. The cost price of the horse was.

A. Rs. 3,750
B. Rs. 3,250
C. Rs. 2,750
D. Rs. 2,250
Show Answer



More Related Questions on Profit and Loss

Leave a Reply