Question
"X" acquired 15 books at a cost of Rs. 840 each and an
additional 25 books at a price of Rs. 480 each. Determine the average price per book "X" bought.Solution
ATQ, Total price of all the books purchased by ‘X’ = 15 × 840 + 25 × 480 = 12600 + 12000 = Rs. 24600 Total number of books purchased = 15 + 25 = Rs. 40 Required average price = 24600/40 = Rs.615
A and B initially started a business by investing Rs. 1600 and Rs. 2100, respectively. After 6 months, C joined the business with an investment of Rs. ...
P, Q and R invested their money in the ratio 4 : 5 : 7 respectively. The total amount invested by them was Rs. 5,90,000 and the profit earned was 40% of...
Amit and Riya started a business by investing in the ratio 6:4 respectively. After 8 months, Karan joined the business, investing an amount equal to the...
- 'A' and 'B' entered into a partnership where 'A' invested Rs. 1,500 more than 'B'. 'A' stayed in the business for 8 months, while 'B' stayed for the entire...
'P' and 'Q' started a business by investing Rs. 6,000 and Rs. 9,000, respectively. 'P' also works as manager in the business for which he's entitled to...
‘A’ and ‘B’ started a business by investing Rs. 2500 and Rs. 2000, respectively. 8 months later, ‘C’ joined them with an investment equal to...
A, B, and C invest ₹40,000, ₹60,000, and ₹80,000 in a business respectively. A and B withdraw their investments after 6 months, while C keeps it f...
A invests ₹60,000 in a business for a whole year. B joins after 4 months with ₹80,000, and C joins after 6 months with ₹1,20,000. At the end of th...
A and B started a retail store with initial investments in the ratio 6:7 and their annual profits were in the ratio 4:5. If A invested the money for 7 m...
‘A’ and ‘B’ entered into a partnership by investing Rs. 9900 and Rs. 5500, respectively. If ‘A’ invested his sum for...