A publisher printed 2000 copies of a book at a cost of Rs. 70,000. He distributes 400 copies free as speci- men copies

Question

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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Mary 3 weeks 2021-10-08T06:29:31+00:00 1 Answer 0 views 0

Answers ( )

    0
    2021-10-08T06:31:28+00:00

    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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