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12 copies of a book were sold for Rs. 1800, thereby gaining the cost price of 3 copies. The cost price of a copy is
Rs. 120
Rs. 150
Rs. 1200
Rs. 1500
SP of 12 books=1800
SP=CP + Profit
Given, Profit of 12 books=3CP
∴1800=12CP + 3CP
15CP=1800
CP=120
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