Question

Mohan buys a book for 600 and sells it at a gain of 25% if his overhead expenses are 5% of selling price he sold the book for

Answer 1

Mohan purchases a book for 600 and offers it at a pick up of 25% if his overhead costs are 5% of offering value he sold the book for 750 rs.

The connection between an offering value, cost, and gross edge or gross benefit is: SP - cost = net benefit or gross edge.