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A bookseller procures 40 books for Rs. 3200 and sells them at a profit equal to the selling price of 8 books. What is the selling price of one dozen books, if the price of each book is same?
Rs.1300
Rs.1100
Rs.800
Rs.1200
CP = Rs. 3200/40 = Rs.80 Now SP of 40 books = CP of 40 books + SP of 8 books => SP of 32 books = 3200 SP of 1 book = Rs.100 Therefore, Required SP of 1 dozen books = Rs. 1200
Hence, option 4 is the correct answer.
By: Amit Kumar ProfileResourcesReport error
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