Profit and loss

Quantitative Aptitude ( CCS)

Title

45:30

Video Progress

8 of 24 completed

Notes Progress

5 of 15 completed

MCQs Progress

38 of 100 completed

Subjective Progress

8 of 20 completed

Continue to Next Topic

Indian Economy - Understanding the basics of Indian economic system

Next Topic

Download Solution PDF

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

Explanation:

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

Profile ResourcesReport error

Trial Period Ended