A publisher expended Rs. 3, 875 for buying papers, Rs. 3,315 for printing and Rs. 810 for binding of 2000 copies books. He sold to book sellers and makes a profit 20% after giving discount of 20%. Let us determine the market price of each book.
Cost price of 2000 books = Rs.[ 3875+3315+810]
= Rs. 8000
Cost price of each book =
= Rs. 4
For making 20% profit
Selling price = Cost price + Profit
= Rs. 4 +
×Rs. 4
= Rs. 4.8
For giving 20% discount on marked price
Let the marked price be X
Selling price = X -
= ![]()
Equating both we get
= Rs. 4.8
X =
= Rs. 6
∴ Marked price of each book is Rs. 6
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