Renu bought ten copies of a book for 450 rs she spent 20rs on the cartage and then sold them at profit of 15% find the S. P of 1 book
Answers
Answer:
find the S.p of one book
Given data :-
- Renu bought ten copies of a book for Rs 450.
- Renu spent Rs 20 on the cartage and then sold them at profit of 15 %.
Solution :-
According to given :
→ cost price of 10 copies = Rs 450
→ spent money on the cartage = Rs 20
Hence,
→ total cost = Rs {450 + 20}
→ total cost = Rs 470
→ profit percentage on selling 10 copies = 15 %
Now, we use formula of profit % :
→ profit % = {profit × 100}/total cost
→ 15 = {profit × 100}/470
→ 15 × 470 = profit × 100
→ 7050 = profit × 100 i.e.
→ profit = 7050/100
→ profit = Rs 70.50
To find selling price of 10 copies :
→ selling price = total cost + profit
→ selling price = 470 + 70.50
→ selling price = Rs 540.5
Now, to find selling price of one book :
→ selling price of one book
= {selling price of 10 copies}/10
→ selling price of one book
= 540.5/10
→ selling price of one book
= Rs 54.05
Hence, the selling price of one book is Rs 54.05
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