A shopkeeper purchase 15 objects and sells 2/3 part at 30% profit, 1/4 part at 16% profit

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A shopkeeper purchase 15 objects and sells 2/3 part at 30% profit, 1/4 part at 16% profit and remaining at 12% profit. If if his total gain is Rs.75, find cost price of of one object.

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Economics Principles and Policy

ISBN: 978-0538453653

12th edition

Authors: William J. Baumol, Alan S. Blinder

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Posted Date: Sep 01, 2020 09:03 AM

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A shopkeeper purchase 15 objects and sells 2/3 part at 30% profit, 1/4 part at 16% profit

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Solution let the Cost price of one objeet x Since 2 ant of x Sold at a profit of ... View the full answer

Economics Principles and Policy

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