Anil purchases two books for Rs.100. He sells first at loss of 5% and second al 20% profit. If he gets Overall profit of 5% then what is cost of first book?
A) 58
B) 60
C) 55
D) 45
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Q:
Anil purchases two books for Rs.100. He sells first at loss of 5% and second al 20% profit. If he gets Overall profit of 5% then what is cost of first book?
A) 58
B) 60
C) 55
D) 45
Answer: B) 60
Explanation:
-5-----------------------5-------------------20
5-(-5) = 10
20-5= 15
Ratio of cost price of book1 and book2 = 3:2
Then cost price of book 1 is given by
(3/5) x 100 = Rs. 60.
Anil purchases two books for Rs.100. He sells first at loss of 5% and second al 20% profit. If he gets Overall profit of 5% then what is cost of first book?
A) 58
B) 60
C) 55
D) 45
Answer: B) 60
Explanation:
-5-----------------------5-------------------20
5-(-5) = 10
20-5= 15
Ratio of cost price of book1 and book2 = 3:2
Then cost price of book 1 is given by
(3/5) x 100 = Rs. 60.
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