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A book seller allowed 10% discount on printed price. He gets 30% commission from publisher. His profit in per cent will be
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- 20
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28 4 7 - 25
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26 3 7
Correct Option: B
Let the marked price of book be Rs. 100.
C.P. for the retailer = Rs. (100 – 30) = Rs. 70
On 10% discount , S.P. for the retailer = Rs. 90
Profit = S.P. - C.P. = 90 - 70 = Rs. 20
∴ Profit percent = | × 100 | |||
C.P. for the retailer |
Profit percent = | = 28 | % | ||
70 | 7 |