cost price of each book is 175 Rs. If the publisher wants to gain 4%, what price should be printed on the book?
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Step-by-step explanation:
Cost price of books = 1200 * 60 = Rs. 72000
No.of books given free = 300
Hence, no.of books sold = 900
Since 2 books are given free for every 18 books, then no.of books given free for 900 books = 900/20 * 2 = 90
Hence no.of books sold at a price = 810
Let x be the selling price of each book.
Then we have, 810 * x = 72000 * 117/100
x = 8 * 117/9 = Rs. 104
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