Saransh purchased 120 reams of paper at Rs. 80 per ream. He spent Rs. 280 on
transportation, paid octroi at the rate of 40 paise per ream and paid Rs. 72 to the
coolie. If he wants to have a gain of 8%, what must be the selling price per ream
(a) Rs. 86
(b) Rs, 87,48
(c) Rs. 89
(d) Rs. 90
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Answer:
above is your answer
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Step-by-step explanation:
cost of reams=120×80=9600 rs
spent on transportation =280 rs
paid to octroi=0.40×120=48 rs
to coolie=72 rs
want gain of 8%(9600×8/100=768)
so Selling price will be
(9600+280+48+72+768)
10768/120=89.73 or 90 rs(round figure) per ream.
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