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Question

A book seller bought 200 textbooks for Rs. 12000. He wanted to sell them at a profit so that he get 20 books free. At what profit per cent should he sell them?

A
10%
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B
20%
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C
30%
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D
40%
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Solution

The correct option is A 10%

C.P. of 200 textbooks = Rs. 12000

C.P. of 1 textbook = Rs. 12000200= Rs. 60
Profit = C.P. of 20 textbooks
S.P. of 200 textbooks = C.P. of 200 textbooks + C.P. of 20 textbooks = C.P. of 220 textbooks
S.P. of 200 textbooks =220× Rs. 60= Rs. 13200
Profit % =(1320012000)12000×100=120012000×100=10%


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