a book seller bought 50 copies of magazine at the rate of Rs180 for four copies.He spent Rs50 on transport.At whatprice would he sell 50 copies to make a profit of 50 percent
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Answer:
So he should sell them at the cost of Rs.3450
Step-by-step explanation:
4 copies for = Rs.180
So, 1 copy for = 180/4 = Rs.45
No. of copies = 50
Therefore CP = 50 x 45 = Rs.2250
Additional cost = 50
Therefore CP = 2250 + 50 = Rs.2300
Profit = SP-CP
Profit% = 50% = Profit/CP x 100
(SP - 2300) / 2300 X 100 = 50
SP - 2300 = 50 x 2300/ 100
SP - 2300 = 1150
SP = Rs. 3450
So he should sell them at the cost of Rs.3450
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