Question

A bookseller bought 500 books for Rs. 20000, he wants to sell them at such a profit so that he gets 50 books for free. At what profit percent did he get? Please solve with full detail no direct answer​

Answer 1

Answer:

cost of 500 books=Rs.20000

cost of 1 book=Rs.20000/500=Rs40

Here CP of 500 books =Rs20000

Then SP=CP+cost of 50 books=Rs20000+200=20200

Then profit =SP-CP=20200-20000=200

then profit %=profit/CP*100=200/20000*100=1% Ans.

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