a bookseller bought 80 books at rs 30 each 20 books were stolen and he sold the remaining books at 5% loss find the selling price of each book
Accepted Solution
A:
Answer:rs 38.Step-by-step explanation:Total cost of the 80 books = 80*30 = rs 2400.He had 60 books to sell and made a 5% loss.Thus his income from these books was 2400 - 0.05*2400 = rs 2280.So the selling price of each book was 2280 / 60 = rs 38.