Question

Ram bought 18 copies of novel he sold each of them at rs 320 and thus made a profit if rs. 60 what was the cp of novel

Answer 1

Answer:

Selling price of each novel is 316.66 Rs

Step-by-step explanation:

Number copies novel brought by ram is 18

Selling price of each novel is 320 Rs

Profit made = 60

Profit = SP - CP

60= 18( 320 - CP)

320- CP = 60/18

CP = 320-3.33

CP =316.66 Rs

Selling price of each novel is 316.66 Rs

Answer 2

Answer:

Sp of each copy= rs.360

Profit=60

Asked: Cp of  copies= ?

Solve: 1 copy=rs.360

           18 copies= 18*360= 5760

CP= SP-P

CP= 5760-60

CP=5700

CP of a novel= 5760/18

                      = 316.6

Step-by-step explanation:

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