a trader purchased 100 books at the rate of ₹52 per book and spent ₹800 on transportation. if he wants to earn a profit of 13%, at what price should he sell each book .
Answers
Step-by-step explanation:
67.8 Ruppess
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If he wants to earn a profit of 13%, then he should sell each book at Rs.67.80
Solution:
According to question,
A trader purchased 100 books at the rate of Rs 52 per book
So, total cost of books = 100 52 = Rs 5200
Money spent on Transportation = Rs 800
Hence, Total cost = cost of books + transportation charge
Total cost = 5200 + 800 = 6000
Hence Total Selling price = total cost + profit
= 6000 + 780 = 6780
6780 ÷ 100 = 67.80
So, he will sale each book at Rs 67.80
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