A book seller buys 1000 books from a publisher . He sells some books at the market price of Rs.24 each and deposes of the remaining books at the sale price of Rs.22.50 each . If his total recipes from the sale of books are Rs.23670 , find how many books were sold at each price ?
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Step-by-step explanation:
Total number of books = 1000 nos
Cost of 1000 nos books = Rs. 75000
Average cost of each book = Rs. 75 (75000/1000)
No of books destroyed = 84 nos
Total remaining books = 916 nos (1000–84)
Required profit per book = Rs 25
Total profit = Rs. 22,900 (25*916)
Gross sale = Rs. 97900 (75000+22900)
Selling cost per book = Rs. 106.87 or Rs. 107 (97900/916)
If you want Rs. 25 profit of the 1000 books, then the problem will have to be dealt differently. For the total profit instead of 258916 you will have have to replace it 25*1000.
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Answer:
784 books at ₹24 and 220 books at ₹22.50
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