Question

A shopkeeper buys paper for rupees 50 per ream. At what price per quire should he sell it to gain 20%

Answer 1

Answer :

Given :

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 )

Answer 2

Answer:

Step-by-step explanation: shopkeeper buys Rs 50 per ream

In 1 ream= 20 quires

Range of 20 quires = rs. 50

range of per quires = 50/20 = 2.5

So,

Selling price of per quires=

2.5 + 20% of 2.5

=2.5 + 20/100 × 2.5

= 2.5 + 50/100

=2.5 + 1/2

= 5+1/2

= 3 rs.