Question

shopkeeper buys paper for 50 rupees per ream. at what price per quire should he sell it to gain 20% .hint 1 ream is equal to 20 quires.

Answer 1

Answer : $\bold{Selling \: Price \: = \: Rs \: 3}$


EXPLANATION-

Given:

1 ream = 20 quires .

Cost price= Rs 50 .


FINDING COST PRICE OF PER QUIRE -

20 quires = Rs 50

1 quire = 50/20 = 2.5

Cost Price of per Quire = Rs 2.5


FINDING GAIN -

Given : Gain = 20 % .

Gain percentage on cost price

2.5 x 20/100 = 0.5

Gain = 0.5



FINDING SELLING PRICE -

Selling Price = Cost Price + Gain

Selling Price = 2.5 + 0.5 = 3 .



Hence :

$\bold{Selling \: Price \: Of \: Per \: Quire \: = \: Rs \: 3}$

Answer 2

Answer:

3 Rs

Step-by-step explanation:

Given:

1 ream = 20 quires .

Cost price= Rs 50 .

FINDING COST PRICE OF PER QUIRE -

20 quires = Rs 50

1 quire = 50/20 = 2.5

Cost Price of per Quire = Rs 2.5

FINDING GAIN -

Given : Gain = 20 % .

Gain percentage on cost price

2.5 x 20/100 = 0.5

Gain = 0.5

FINDING SELLING PRICE -

Selling Price = Cost Price + Gain

Selling Price = 2.5 + 0.5 = 3 .