Question

Exercise 14.3
1. A bookseller bought a book for 15 and spent 5 on its binding He then sold it for 24. Find his profit​

Answer 1

Answer:

profit= 4

Step-by-step explanation:

Total cost price of the book= (15+5)=20

selling price=24

we know that, Profit= selling price-cost price i.e. (24-20)=4

Answer 2

Answer:

Profit = Rs 4

Step-by-step explanation:

CP of book = 15

Amount spent on binding = 5

Total CP = 20  

SP = 24

Profit = SP-CP

24 - 20

Hence profit = Rs 4

Hope it helps you. :)