Question
Maple Publications sold a Magazine for Rs. 210 and made
a profit of 10% on CP and sold a Journal for Rs. 560 and made a profit of 12% on its CP. If the publication sold the Magazine for Rs. 252, then find at what price should the Journal be sold to make a profit of 15% on both the books?Solution
CP of Magazine = 210/110 × 100 = Rs. 190 CP of Journal = 560/112 × 100 = Rs. 500 For 15% profit on both, = (190 + 500) × 115/100 = 793 Journal should be sold, = 793 – 252 = Rs. 541
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