Multiple Choice Questions on If books bought at price ranging from Rs 300 to Rs 450 are sold at prices ranging from Rs 400 to Rs ........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

If books bought at price ranging from Rs 300 to Rs 450 are sold at prices ranging from Rs 400 to Rs ...........

Quantitative Aptitude ( CCS) Profit and loss
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    If books bought at price ranging from Rs. 300 to Rs. 450 are sold at prices ranging from Rs. 400 to Rs. 550, what is the greatest possible profit that might be made in selling 10 books ?

    Rs1950

    Incorrect Answer

    Rs2100

    Incorrect Answer

    Rs1800

    Incorrect Answer

    Rs2500

    Correct Answer
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    Explanation:

    Solution:
    Profit is maximum when C.P. is minimum and S.P. is maximum
    Thus, C.P= 300 x 10 = Rs3000
    S.P = 550 x 10 = Rs5500
    Gain = 5500-3000=Rs2500.

    By: Pranav Gupta
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