Kamlesh purchased 120 reams of paper at 100 per ream and the expenditure on transport was 480. He had to pay an octroi duty of 50 paise per ream and the coolie charges were 60. What should he charge per ream to gain 40% ?

Kamlesh purchased 120 reams of paper at 100 per ream and the expendi

1.	Kamlesh purchased 120 reams of paper at 100 per ream and the expenditure on transport was 480. He had to pay an octroi duty of 50 paise per ream and the coolie charges were 60. What should he charge per ream to gain 40% ?
A.	155
B.	147
C.	138
D.	165
E.	None of the above
Answer» C. 138

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Kamlesh purchased 120 reams of paper at 100 per ream and the expenditure on transport was 480. He had to pay an octroi duty of 50 paise per ream and the coolie charges were 60. What should he charge per ream to gain 40% ?

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