Ram bought 18 copies of a novel .he sold each of them at Rs.320 and thus made a profit of Rs.60.What was the cost price of a novel?
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Solution Is : Selling price of 18 copies of novel = 18 x 320 = Rs.5760 Cost price = Selling price -profit = 5760- 60 = Rs.5700 Therefore, price of one novel = 5700/12 = Rs.475
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