A BOOK SELLER SOLD 200 COPIES OF A BOOK AT A LOSS 5%. IF A BOOK COSTS HIM RUPEES 20, FIND THE SELLING PRICE OF EACH BOOK.
Answers
Answer:
SP of each book is rupees 19
Step-by-step explanation:
In context to the equation it is asked to find the SP of each book means 1 book
The data is given as follows
Number of copies sold=200
loss of 5% =
book cost =20
we need to find the selling price of 1 book
so first find amount actual sold of 200 books
so 4000 is the selling price of 200 books
It is given he sold at a loss of 5%
so we need to find 5% of 4000
Percentage can be calculated by dividing the value by the total value, and then multiplying the result by 100. The formula used to calculate percentage is: (value/total value)×100%.
so after loss calculation the amount of loss of 200 books
He sold at =4000
5% loss =200
so
4000 -200
=3800
so 3800 is the amount of selling 200 copies and it is asked to find the selling price of each means 1 copy