Question

2.) A publisher has printed the price of a book as Rs286
increasing 30% more on the production price. But at the time of selling, he has given 10% discount on marked price.
Calculate the profit percentage of the publisher.

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Answer 1

The profit percentage of publisher is 17 %.

A publisher has printed the price of a book as Rs. 286 increasing 30% more on the production price. But at the time of selling, he has given 10% discount on marked price.

The profit percentage of the publisher.

A/C to question,

Printed price of a book as 286 increasing 30 % more on the production price.

∴ production price = cost price = Printed price/130 × 100

= 286/130 × 100

= 2860/13

= 220 Rs.

Publisher has given 10 % discount on marked price.

∴ selling price = 286 - 10% of 286

= 286 - 28.6

= 257.4 Rs.

∴ percentage profit = (selling price - cost price)/cost price × 100

= (257.4 - 220)/220 × 100

= 17%

Therefore the profit percentage of publisher is 17 %.