New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    A person buys books at Rs. 300 for 5 and sells them at

    Rs.740. How many books must he sell in order to earn profit of Rs. 3,520?
    A 40 Correct Answer Incorrect Answer
    B 12 Correct Answer Incorrect Answer
    C 16 Correct Answer Incorrect Answer
    D 18 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    C.P. of 5 books = Rs.300 S.P. of 5 books = Rs. 740 ∴ Profit earned by selling 5 books = Rs. 440 Rs. 440 is earned by selling 5 books. ∴ Rs.3, 520 will be earned by selling =5*3520/440 =40 books.

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