Mohan bought 30 books for Rs.3000 and sold them at a profit equal to the selling price of 6 books. The selling price of 1 book is:
Answer & explanation
Correct answer: option 2
S.P. of 30 - C.P. of 30 = S.P. of 6 (profit)
S.P. of 24 = C.P. of 30
C.P. of 30 = Rs. 3000 (given)
Therefore,
S.P. of 24 = Rs. 3000
S.P. of 1 = Rs. 124/-