A bookseller sold 500 copies of a book at a profit of 20%. If he gains a profit of Rs.5/book, what is the cost price of the book?

A bookseller sold 500 copies of a book at a profit of 20%. If he gains

1.	A bookseller sold 500 copies of a book at a profit of 20%. If he gains a profit of Rs.5/book, what is the cost price of the book?
A.	Rs 25
B.	Rs 50
C.	Rs 75
D.	Rs 100
Answer» B. Rs 50

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A bookseller sold 500 copies of a book at a profit of 20%. If he gains a profit of Rs.5/book, what is the cost price of the book?

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