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Direction∶ A publisher publishes 3500 books for Rs. 100 cost price per book. He gives 500 books for free to some shops.If he allows 25% dis…

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Direction∶ A publisher publishes 3500 books for Rs. 100 cost price per book. He gives 500 books for free to some shops.
If he allows 25% discount on the marked price and gives 1 book free for every purchase of 29 books. Find the amount of profit/loss if the marked price of one book is Rs. 160.
  • ARs. 1500 loss
  • BRs. 2000 profit
  • CRs. 2000 loss
  • DRs. 2500 profit
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Marked price of one book = Rs. 160

Selling price after 25% discount = 160 × 0.75 = Rs. 120

Since he is giving 500 books for free, remaining books are 3000

And also he is giving 1 book free for purchase of every 29 books, he will get price of 29 books after giving 30 books.

Thus he will get price of 2900 books only;

∴ Selling price for 2900 books = 120 × 2900 = Rs. 348000

And Cost price of 3500 books = 3500 × 100 = Rs. 350000

∴ Loss = 350000 - 348000 = Rs. 2000