Question

A Stationer bought 2000 exercise books .he distributed 200 exercise bookd to the students from poor economical background as donation. He sold each of the remaining exercise books at Rs 10 more than the cost price of each and gained 8% , Find the cost price of each exercise book.

Answer 1

Answer:

Rs 125.

Step-by-step explanation:

He had 2,000 books.

He donated 200 books.

Remaining no of books = 2000 - 200 = 1,800 books.

ATP,

PROFIT % = profit × 100/ CP

$8\% = 10 \times 100 \div cp \\ cp \times 8 = 1000 \\ cp = 1000 \div 8 = 125$

Hence RS 125 is the perfect answer.