Question

MR.MODI BROUGHT 2000 NOTEBOOKS FROM NEPAL.HE DONATED 200 TO AN ORPHANAGE AND SOLD THE REST AT 10 RUPEES MORE THAN THE COST PRICE FOR EACH BOOK AND GOT 8 PERCENT PROFIT .FIND CP OF EACH BOOK



PLEASE HELP ME MY EXAMS ARE TOMORROW

Answer 1

Answer:

₹9.26

Step-by-step explanation:

rest books = 2000-200 = 1800

selling price of 1800 books at 10 rupees rate

= 1800 × 10

S.P. = ₹18000

profit of 1800 books = 8%

cost price of 1800 books

= 18000 × (100 / 100+8 )

= 18000 × (100 / 108)

= ₹16667 (approximate)

for 1 book

cost price for 1 book = 16667/ 1800

= ₹9.26

which is less than the selling price of one book