Question

A shopkeeper buys rs 50 per ream at what price per quire should he sell it to gain 20%

Answer 1

Given:

1 ream = 20 quires .

Cost price= Rs 50 .


FINDING COST PRICE OF PER QUIRE -

20 quires = Rs 50

1 quire = 50/20 = 2.5

Cost Price of per Quire = Rs 2.5


FINDING GAIN -

Given : Gain = 20 % .

Gain percentage on cost price 

2.5 x 20/100 = 0.5 

Gain = 0.5



FINDING SELLING PRICE -

Selling Price = Cost Price + Gain

Selling Price = 2.5 + 0.5 = 3 . 



Hence :

SELLING PRICE OF PER QUIRE = Rs 3.

Answer 2

Answer:

RS 3

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