Question
Download Solution PDFAfter selling 17 books for Rs. 720, a shopkeeper says that he losses by C.P. of 5 books. Find the C.P. of the book.
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGiven:
Books sold = 17
Selling Price (S.P.) = Rs. 720
Loss = Cost Price (C.P.) of 5 books
Formula Used:
Loss = Total C.P. - Total S.P.
Calculation:
Let C.P. of one book = Rs. x
Total C.P. of 17 books = 17x
Loss = 5x
⇒ 5x = 17x - 720
⇒ 720 = 17x - 5x
⇒ 720 = 12x
⇒ x = 720 / 12
⇒ x = 60
The C.P. of one book is Rs. 60.
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