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- A book seller allowed 10% discount on printed price.
Question 1:
A book seller allowed 10% discount on printed price. He gets 30% commission from publisher. His profit in percent will be? A. 22
B. 25
C. 28 4/7
Feedback Let the marked price be of book be Rs. 100
Cost price of the retailer = Rs. (100 - 30) = Rs. 70
Selling price for the retailer = Rs. 90
∴ Profit percent
=((90−70) / 70)×100=(20/70)×100=200/7=28 4/7%
Cost price of the retailer = Rs. (100 - 30) = Rs. 70
Selling price for the retailer = Rs. 90
∴ Profit percent
=((90−70) / 70)×100=(20/70)×100=200/7=28 4/7%
D. 26 3/7
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