A publisher printed 2000 copies of a book at a cost
of Rs. 70,000. He distributes 400 copies free as speci-
men copies. He gave 30% discount on printed price
and the printed price of each book is Rs. 75. What is
his gain or loss percentage?
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Question :-
A publisher printed 2000 copies of a book at a cost of Rs. 70,000. He distributes 400 copies free as specimen copies. He gave 30% discount on printed price and the printed price of each book is Rs. 75. What is his gain or loss percentage?
Answer :-
According to question,
CP of 2000 books are = Rs. 70,000
CP of 1 book is =70000/2000=Rs.35
Marked Price of 1 book = Rs. 75
Discount = 30%
Selling Price of 1 book = Rs. 52.5
He distribute 400 books free
∴ SP of 1600 books = 52.5×1600 = Rs. 84000
Profit = SP - CP = 84000 - 70000 = Rs. 14000
Profit% =14000/70000×100
= 20% gain
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