RRB Junior Engineer Stage 1 Model Papers 2

Question : 20 of 99

Marks: +1, -0

If books bought at prices ranging from ₹ 150 to ₹ 300 are sold at prices ranging from ₹ 250 to ₹ 350, what is the greatest possible profit that might be made in selling 15 books ?

₹ 3,000
Cannot be determined
₹ 750
₹ 4,250

Validate

Solution:

Least cost price

= ₹ (150×15) = ₹2250

Greatest selling price

= ₹ (350×15) = ₹5250

Required profit

= ₹ (5250 – 2250)= ₹3000

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