a man bought two books for 250 each if he sell one at profit 5% then how much should he sell the other so that he makes profit of 20 on the whole
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Given: A man bought two books for 250 each and he sell one at a profit of 5%.
To find: We have to find the selling price of the other book.
Solution:
The cost price of the book is 250 rupees.
Let its selling price be x rupees.
He gains 5% on selling the book.
So, we can write-
Thus selling first of the book is 267.50 rupees.
Now let the selling price of the other book be y rupees.
Overall, he gets a profit of 20%.
The total cost price is 500 rupees.
So, we can write-
The selling price of the other book is 332.50 rupees.
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