a publisher allows a book seller a discount of 25/2%.if the book seller sells the book at the cost of book price what is the gain %
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Suppose the Cost price was Rs 100. H eallowed 25/2% discount. ie. 12.5%. So he sold the book at Rs. 87.5. Book seller sells it at Rs 100. So he gains a profit of Rs. 12.5. The gain percent is 12.5x100/87.5 = 100/7%
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