If books bought at prices from Rs 150 to Rs 300...

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

A. Cannot be determind

B. Rs. 750

C. Rs. 4250

D. Rs. 3000

Answer: Option D

Solution(By Examveda Team)

Cost price of a book ranges between
= Rs. 150 to 300
Selling price of a book ranges between
= Rs. 250 to 350
For maximum profit cost price should minimum and Selling price should be maximum
So, Cost price = 150
Selling price = 350
Profit = Selling price - Cost price
= 350 - 150
= Rs. 200/book
Total profit on 15 books
= 200 × 15
= Rs. 3000

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