If books bought at prices ranging from ₹200 to ₹260 are sold at prices ranging from ₹250 to 300, what is the greatest possible profit that might be made in selling 25 books?
- (a)₹2,500
- (b)₹1,800
- (c)₹2,300
- (d)₹2,700
Answer
Why
Correct — A. The greatest profit comes from the cheapest buy paired with the dearest sale.
Lowest cost price available = ₹200
Highest selling price available = ₹300
Greatest profit per book = 300 − 200 = ₹100
Over 25 books: 100 × 25 = ₹2,500 → option (a)
Nothing in the stem ties a book's cost to its selling price, so every one of the 25 may be bought at ₹200 and sold at ₹300.
Why the others are wrong
- (b)₹1,800 — ₹1,800 is ₹72 a book. That margin is reachable — buy at ₹208, sell at ₹280 — but it is not the greatest, which is what the stem asks for.
- (c)₹2,300 — ₹2,300 is ₹92 a book, also attainable (₹208 to ₹300), but still short of the ₹100 ceiling set by the cheapest buy and dearest sale.
- (d)₹2,700 — ₹2,700 needs ₹108 a book, which is impossible: the widest gap the two ranges allow is ₹300 − ₹200 = ₹100.
Concept
To maximise a difference when both quantities move over ranges, take the smallest value of what you subtract and the largest value of what you subtract it from.
Profit = selling price − cost price, so the maximum uses the lowest cost, ₹200, and the highest sale, ₹300. The two ranges are independent — the stem never says a dearer book must sell dearer.
The same reasoning run the other way gives the worst case: ₹250 − ₹260 = a ₹10 loss per book.
Key facts
- Cost prices run ₹200 to ₹260 and selling prices ₹250 to ₹300.
- Per-book profit can therefore range from a ₹10 loss (250 − 260) to a ₹100 gain (300 − 200).
- Greatest profit on 25 books = 25 × ₹100 = ₹2,500.
Study next
Common traps
- Pairing the wrong endpoints — ₹300 − ₹260 = ₹40 or ₹250 − ₹200 = ₹50 — instead of the widest gap.
- Averaging the ranges to ₹230 and ₹275 and calling ₹45 a book the answer.
- Assuming a costlier book must fetch a higher price, which the stem never states.
Range-optimisation is set as a one-line profit stem where the arithmetic is trivial and the whole test is which endpoints you pair.
Note the printed stem drops the rupee sign on the second range, reading 'from ₹250 to 300' — read both endpoints anyway.
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