If books bought at prices ranging from ₹200 to ₹260 are sold at prices ranging from ₹250 to ₹300, what is the greatest possible profit that might be made in selling 25 books?
₹2,500
To maximize profit, buy at the lowest price (₹200) and sell at the highest price (₹300). Profit per book = ₹100. For 25 books, total profit = 25 × ₹100 = ₹2,500.
Similar Questions
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Important Questions from Profit & Loss
- I bought two bicycles for ₹1,200. I sold the first one at a loss of 13% and the second at a gain of 11%. If, on the whole I made neither a loss nor a gain, find the cost price (in ₹) of the first bicycle.
- A dealer buys two articles X and Y for ₹2,000 each. He marks each of them at the same price. He sells X by giving two successive discounts of 44% and 37% and still earns ₹989 as profit. If he sells Y at a single discount of 64%, then what is the profit percentage on Y?
- A dealer buys two articles X and Y for ₹1,500 each. He marks each of them at the same price. He sells X by giving two successive discounts of 25% and 44% and still earns 279 as profit. If he sells Y at a single discount of 58%, then what is the profit percentage on Y?
The marked price of 55 items was equal to the cost price of 99 items. The selling price of 56 items was equal to the marked price of 35 items. Calculate the profit or loss percentage from the sale of each item.
Raman fixes the sale price of his goods at 16% above the cost price. He sells his goods at 12% less than the fixed price. Find the profit percentage correct to two places of decimal.
