Arithmetic Ability
Profit and Loss

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Q.

If books bought at prices ranging from Rs 200 to Rs 350 are sold at prices ranging from Rs 300 to Rs 425, what is the greatest possibleprofit that might be made in selling eight books.

View Answer

Correct choice: D

Explanation:

least cost price = 200*8 = 1600 greatest sold price = 425 * 8 = 3400 profit required = 3400- 1600 = 1800
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