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12 copies of a book were sold for Rs. 18...

12 copies of a book were sold for Rs. 1800 thereby gaining cost price of 3 copies. The cost price of a copy of the book is

A

a)Rs 120

B

b)Rs 150

C

c)Rs 1200

D

d)Rs 1500

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, let's break it down: ### Step 1: Understand the given information We know that: - Selling Price (SP) of 12 copies = Rs. 1800 - Profit is equal to the cost price (CP) of 3 copies. ### Step 2: Set up the equations Let the cost price of one copy be \( CP \). Then, the total cost price of 12 copies = \( 12 \times CP \). According to the problem, the profit from selling 12 copies is equal to the cost price of 3 copies: \[ \text{Profit} = CP \times 3 \] ### Step 3: Relate Selling Price, Cost Price, and Profit We know that: \[ \text{Selling Price} = \text{Cost Price} + \text{Profit} \] So, we can write: \[ 1800 = 12 \times CP + 3 \times CP \] This simplifies to: \[ 1800 = 15 \times CP \] ### Step 4: Solve for the Cost Price of one copy Now, we can find \( CP \): \[ CP = \frac{1800}{15} \] ### Step 5: Calculate the value Calculating this gives: \[ CP = 120 \] ### Conclusion The cost price of one copy of the book is Rs. 120. ---
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