Q. Hemant purchaced 120rims of paper at rs 80per rim . He spent Rs 280 on transposition palid petrol at the rate of 40 paise per rim and paid rs 72 the coofie. If he wants to have gain of 8% the selling price per rim must be?

1. Rs 89
2. Rs 90
3. Rs 95
4. Rs 98

• Total investment = Rs. (120 * 80 + 280 + (40/100) * 120 + 72).
  = Rs. (9600 + 280+48 + 72) = Rs, 10000.
  Sell price of 120 reams = 108% of Rs. 10000 = Rs. 10800.
  Sell Price per ream = Rs. [10800/120] = Rs. 90.
• 7 years agoHelpfull: Yes(0) No(0)