Question

A publisher expended rupees 3,875 for buying papers, rupees 3,315 for printing, rupees 810 forbinding of 2000 copies books. He sold to book sellers and makes a profit 20% after giving discount of 20%. Determine the market price of each book.

Answer 1

Answer :

Cost price of 2000 books = Rs.[ 3875+3315+810]

= Rs. 8000

Cost price of each book = = Rs. 4

For making 20% profit

Selling price = Cost price + Profit

= Rs. 4 + ×Rs. 4

= Rs. 4.8

For giving 20% discount on marked price

Let the marked price be X

Selling price = X - =

Equating both we get

= Rs. 4.8

X = = Rs. 6

∴ Marked price of each book is Rs. 6

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