Mohan bought 25 books for ₹2,000 and s

CUET Preparation Today

Start Free Mocks

Home Questions SCVVVKGRD4

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

Mohan bought 25 books for ₹2,000 and sold them at a profit equal to the selling price of 5 books. The selling price of 1 book is:

Options:

₹100

₹120

₹150

₹200

Correct Answer:

₹100

Explanation:

S.P. of 25 - C.P. of 25 = S.P. of 5 (profit)

S.P. of 20 = C.P. of 25

C.P. of 25 = Rs. 2000 (given)

Therefore,

S.P. of 20 = Rs. 2000

S.P. of 1 = Rs. 100/-