A shopkeeper bought 100 books for 400 rupees. He want to earn a profit of 50. At what rate should he sell the book?
Answers
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Shopkeeper selling the price of one book is Rs 4.5
Explanation:
Given:
A shopkeeper bought 100 books for 400 rupees. He want to earn a profit of 50. At what rate should he sell the book?
Solution:
100 books has been brought for 400 rupees.
Cost price of 1 book
To earn a profit of 50 rupees in 100 books, one book profit
Selling price of 1 book = 4 + 0.5 = Rs 4.5
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