Anil purchases two books for Rs.100. He sells first at loss of 5% and second al 20% profit. If he gets Overall profit of 5% then what is cost of first book?

Question

Accepted Answer

-5-----------------------5-------------------20

5-(-5) = 10

20-5= 15

Ratio of cost price of book1 and book2 = 3:2

Then cost price of book 1 is given by

(3/5) x 100 = Rs. 60.

Anil purchases two books for Rs.100. He sells first at loss of 5% and second al 20% profit. If he gets Overall profit of 5% then what is cost of first book?

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