A man purchased 120 reams of paper at Rs., 80 per He spend RS., 280 on transportation, paid octrol a

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7.Profit and Loss

medium

A man purchased $120$ reams of paper at $Rs.\, 80$ per He spend $RS.\, 280$ on transportation, paid octrol at the rate of $40$ palse per ream and paid $Rs.\, 72$ to a porter. In order to gain $8 \%$ he must sell each ream of paper for (in $Rs.$)

A

$90$

B

$87.5$

C

$89$

D

$85$

Solution

Total $C . P =120 \times 80+280+40 \times 120+72$

$=₹ 10,000$

$S.P$ $=108 \%(10000)$

$=₹ 10,800$

$\therefore$ $S.P$ of per ream $=\frac{10800}{120}=Rs. 90$

Standard 13

Quantitative Aptitude

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