Question

A tonder purchased 1000 books at the rate of ₹5-40 per book and spent ₹200 towards transportation.if he wants to earn a profit of 121/2%,at what price should he sell each book​

Answer 1

Step-by-step explanation:

According to question,

A trader purchased 100 books at the rate of Rs 52 per book

So, total cost of books = 100 \times× 52 = Rs 5200

Money spent on Transportation = Rs 800

Hence, Total cost = cost of books + transportation charge

Total cost = 5200 + 800 = 6000

\text { Profit of } 13 \% \text { on Total cost }=\frac{13}{100} \times 6000=780 Profit of 13% on Total cost =

100

13

×6000=780

Hence Total Selling price = total cost + profit

= 6000 + 780 = 6780

\text { Selling price of } 1 \text { book }=\frac{\text { total selling price }}{\text { number of books purchased }} Selling price of 1 book =

number of books purchased

total selling price

6780 ÷ 100 = 67.80

So, he will sale each book at Rs 67.8