a shopkeeper buys paper for 50 rupees per ream .at what price should he sell per quire to gain 20%
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Answer:
A shopkeeper buys rupees 50 per ream
And 1 ream = 20 quires
So ,
Price of 20 quires = Rs 50
Then
Price of 1 quires = 5020 = 2.5
So , Selling price per quires = 2.5 + 20% of 2.5 = 2.5 + 20 × 2.5100 = 2.5 + 2.55 = 2.5 + 0.5 = Rs. 3 ( Ans )
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