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Aptitude · Q402

Profit And Loss

Competitive Exams · Aptitude · question 402

Q402

A book seller allowed 10% discount on printed price. He gets 30% commission from publisher. His profit in percent will be?

A.
20%
B.
%
Answer
C.
25%
D.
%

Answer: Option B

Solution

Answer: Option B
Solution:
Let the marked price be of book be Rs. 100
Cost price of the retailer = Rs. (100 - 30) = Rs. 70
Selling price for the retailer = Rs. 90
∴ Profit percent