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Question

(B) Let the printed price of the book be $100$.The bookseller gets a $30 \%$ commission from the publisher,so the cost price for the bookseller is $10

Vedclass · Accepted Answer

$28 \frac{4}{7} \%$

Vedclass · Answer

(B) Let the printed price of the book be $100$.The bookseller gets a $30 \%$ commission from the publisher,so the cost price for the bookseller is $100 - 30 = 70$.The bookseller allows a $10 \%$ discount on the printed price,so the selling price is $100 - 10 = 90$.Profit = Selling Price - Cost Price = $90 - 70 = 20$.Profit percentage = $(\frac{	ext{Profit}}{	ext{Cost Price}}) 	imes 100 = (\frac{20}{70}) 	imes 100 = \frac{200}{7} = 28 \frac{4}{7} \%$.

$A$ book seller allowed $10 \%$ discount on the printed price. He gets a $30 \%$ commission from the publisher. His profit percentage will be:

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