If books bought at prices from $ 150 to $ 300 are sold at

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

1. Cannot be determined
2. $ 750
3. $ 4,250
4. $ 3,000

Correct Option: D

According to given question ,
Minimum cost price = 150 × 15 = $ 2250
Maximum selling price = 350 × 15 = $ 5250
∴ Gain = Maximum selling price - Minimum cost price
Gain = 5250 – 2250 = $ 3000 [Here , 150 being the lowest price & 350 being the highest price]