Q16 of 35 Page 175

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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