Question

A bookseller buys paper at rupees 50 per ream. at what price per quire should he sell it so as to gain 20%?

Answer 1

Answer:

A shopkeeper buys rupees 50 per ream

and one ream = 20 queries

so ,

price of 20 queries = rupees 50

then,

price of 1 query = 5020 = 2.5

so,

selling price per queries

= 2.5+20% of 2.5

= 2.5 + 20 × 2.5100

= 2.5 + 2.55 = 2.5 + 0.5

= 3

hope it helps u