When a commission of 12% is given on the marked price of a magazine, the publisher gains 20%. If the
commission is increased to 23%, what will be the publisher's percentage gain?
Answers
Answered by
7
Answer:
Let MP =100
SP after giving 10 % commission =100−10 % of 100=90.
Let CP =x
Gain =20 %
Now, +x+20 % of x=90
100
120x
=90
x=75
CP =75
If 15 % commission was given, then SP =85
Gain =85−75=10
Percent gain =
75
(10×100)
=
3
40
=13.33 %.
Similar questions