A book sells for 65 Tk. This price gives… | Answer

Subject

Bank Exam

Topic

Uttara Bank Ltd. 2011 Asst. Officer (Cash)

A book sells for 65 Tk. This price gives the seller a profit of 30% on his cost. What would be the new selling price if he cuts his profit to 10% of the cost?
Reading

ক)

Tk. 55

খ)

Tk. 50

গ)

Tk. 45

ঘ)

Tk. 40

Explanation

at 30% profit, selling price 130 Tk when cost 100TK selling price 1 Tk when cost 100/130 Tk selling price 65 Tk then cost 100 X 65/130 tk=50 Tk then, at 10% profit, when buying price 50 Tk then selling price=50 X 110/100= 55 Tk

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A book sells for 65 Tk. This price gives the seller a profit of 30% on his cost. What would be the new selling price if he cuts his profit to 10% of the cost?Reading

A book sells for 65 Tk. This price gives the seller a profit of 30% on his cost. What would be the new selling price if he cuts his profit to 10% of the cost?

Explanation

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A book sells for 65 Tk. This price gives the seller a profit of 30% on his cost. What would be the new selling price if he cuts his profit to 10% of the cost?
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