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Q.

If books bought at prices ranging from Rs. 200 to Rs. 350 are sold at prices ranging from Rs.


300 to Rs. 425, what is the greatest possible profit that might be made in selling eight books.


see full answer

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a

225

b

500

c

1200

d

1800

answer is D.

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Detailed Solution

Profit = Selling Price - Cost price
P = S.P. - C.P.
P = 425 − 200
P = Rs. 225
Hence there will be profit of Rs. 225 per book and for 8 books profit will be
P = 225 × 8
P = Rs. 1800
Hence, option (4) is the correct option.
 
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