3 years ago in Profit & Loss

A bookseller procures 40 books for Rs. 3200 and sells them at a profit equal to the selling price of 8 books. What is the selling price of one dozen books, if the price of each book is same?

[A] Rs. 720
[B] Rs. 960
[C] Rs. 1200
[D] Rs. 1440
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