Practicing Success
A shopkeeper buys some notebooks at the rate of 12 for ₹222, and an equal number of notebooks at 10 for ₹225. If he sells all the notebooks at a profit of 20%, then the selling price of 15 notebooks is: |
₹302.40 ₹369 ₹376.5 ₹360 |
₹369 |
Profit % = 20% 5 × 12 = 60 = 222 × 5 = Rs.1110 6 × 10 = 60 = 225 × 6 = Rs.1350 Total number of Notebook = 120 Total cost price of all Notebook = 1110 + 1350 = Rs.2460 Let the SP = x 20 = \(\frac{x - 2460}{2460}\) × 100 SP = x = 2952 Selling price of 1 Notebook = \(\frac{2952}{120}\) = Rs.24.6 Selling price of 15 Notebook = 24.6 × 15 = Rs.369 |