A publisher gave 20% as a discount and he gets 25% income. If he decreases the discount as 15% means, find out the income of the the publisher
Answers
Given : A publisher gave 20% as a discount and he gets 25% income. he decreases the discount as 15%
To find : income of the the publisher
Solution:
Let say Cost Price = C
& Marked Price = M
20% Discount = (20/100)M = 0.2M
SP = MP - Discount = M - 0.2M = 0.8M
25 % income (Profit) = (25/100)C = 0.25C
SP = CP + Profit = C + 0.25C = 1.25C
1.25C = 0.8M
=> C = 0.64M
Discount 15 % = (15/100)M = 0.15M
SP = M - 0.15M = 0.85M
Profit / income = 0.85M - C
= 0.85M - 0.64M
= 0.21M
Income % = (0.21M/0.64M) * 100 = 32.81 %
income of the the publisher = 32.81 %
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