1.

A stationery shopkeeper buys paper at the rate of t 75 per ream. At what price per quireas to gain 20%? (Hint: 1 ream-20 quire)should he sell it so

Answer»

CP per ream= Rs 75

Profit%= 20%

Profit= 75×20/100= Rs 15

SP= CP+ PROFIT

SP= Rs75+ Rs 15

Selling Price= Rs 90

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