by selling 20 books for Rs.200 for Rs.1200,we get a profit of rs.200.what is the cost of each book
Answers
Step-by-step explanation:
According to question,
CP of 200 book = 12000
CP of 1 book = 12000200
= Rs. 60
To get 20 books free
Profit = 20×60 = 1200
i.e. 10% of Rs. 12000
⇒10% gain
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Answer:
cp=sp-profit
cp=1200-200
cp=1000
cost of 20 books is 1000
so cost one book =1000/20
= 50