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  1. A book seller allowed 10% discount on printed price. He gets 30% commission from publisher. His profit in per cent will be
    1. 20
    2. 28
      4
      7
    3. 25
    4. 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 =
Profit
× 100
C.P. for the retailer

Profit percent =
20 × 100
= 28
4
%
707



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