If books bought at prices ranging from Rs. 200 to Rs. 350 are sold at prices ranging from Rs.300 to Rs. 425, what is the greatest possible profit that might be made in selling eight books ?

  • Option 1)

    600      

  • Option 2)

    1400

  • Option 3)

    1800

  • Option 4)

    none

  • Option 5)

    1200

Answers (1)
R rishi raj

if CP is least and SP is max only then gratest profit will occur

let CP = 200     SP = 425

P = 225 per book

Then profit of 8 books = 225\times 8=1800

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