Question

The Conceptum publication sold 500 copies of
book at a profit of 24%. If a book costs him
Rs.15 find the selling price of book
​

Answer 1

Selling price of the book = 18.6₹

Step-by-step explanation:

• We have given that,

• The cost price of the book = 15₹

• And all the copies have been sold at the profit of = 24%

Profit = cost price × profit percentage/100

• =>15×24/100=3.6₹

Selling price = cost price + profit

• => 15+3.6=18.6₹

The actual selling price of the book will be

18.6₹.

We have taken the price of a single book, ro calculate the cost price. because if we had calculate with the 500 copies of the book, the profit percentage would remain the same.