Question

A publisher supplies books to a bookseller at 18 % discount on the list price of 1600. If the bookseller sells books at list price and his expenses for freight etc. are 188. Then find his profit percent​

Answer 1

Answer:

List price=1600

discount=18%

If the total cost is 100% and 18% is reduced in discount then the book seller buys the book for 72% of the list price.

Price at which the bookseller buys the book

=(72/100)*1600

=72*16

1152

Profit= 1600-1152-188

=260

He makes a profit of ₹260

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Answer 2

Step-by-step explanation:

List price=1600

Discount%=18%

Sp for publisher = Cp for Bookseller =1600-(18*1600/100) =1312

Sp for Bookseller = List price - expenses = 1600-188=1412

Profit = Sp-Cp = 1412-1312 = 100

Profit% = P*100/Cp = 100*100/1312 =7.62% (Answer) = 7.62

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