Question

A bookseller buys a book of rupees 500 he sells the same book by giving a discount of 5% on the Marked price of rupees 550 find the profit or loss percent of the bookseller

Answer 1

Answer:

according to the question

100-5%discount = 95ruppes

so 95/100×550=522.5 ruppes

since the selling price is greater than the purchased price so he made a profit of 522.5-500= 22.5 ruppes