A book seller buys books at a commission of 20% on the marked price.if he sells the books at the marked price ,then his gain percentage is ?
Answers
Answer:
25 %
Step-by-step explanation:
Example
1. Say Marked price= 100
2. Cost price (CP) = 100-20--> 80
3. Selling price(SP) = 100
4. Gain = SP-CP = 100-80 --> 20
GAIN PERCENTAGE
= (GAIN/ CP) *100
=(20/80)*100= 25%
So answer is 25%
Answer:
Gain percentage = 25%
Given problem:
A book seller buys books at a commission of 20% on the marked price.if he sells the books at the marked price ,then his gain percentage is ?
Step-by-step explanation:
Let 100 be the marked price of the book
from given data seller buys books at a commission of 20%
⇒ commission on books = = 20
⇒ cost price of the books = 100 - 20 = 80
selling price of the books = marked price = 100
therefore profit on book = S.P - C.P = 100- 80 = 20
gain percentage = ( profit / C.P) × 100
= (20/80) × 100
= (1/4) 100 = 25%