A publisher sells copies of books to a retail dealer at Rs. 5 per copy

A publisher sells copies of books to a retail dealer at Rs. 5 per copy but allows 25 copies to be counted as 24. If the retailer sells each of the 25 copies at Rs. 6 his profit % is:

  1. 20%
  2. 24%
  3. 25%
  4. 40%
Anurag Mishra Professor Asked on 3rd March 2016 in Maths.
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  • 1 Answer(s)

    Answer: (3) 25%

    Explanation:-
    Cost price of a copy = Rs. 5
    Therefore, the Cost price of 24 copy = 24 x 5 = Rs. 120

    Selling price of a copy = Rs. 6
    Therefore, the selling price  of 25 copies = 25 x 6
    = Rs. 150
    Profit = 150 – 120
    = Rs. 30

    Then, the profit percent = 30 x 100/120
    = 10 x 10/4
    = 25%

    Then, the profit percent is 25%.

    Hence, the answer is (3) 25%.

    Anurag Mishra Professor Answered on 4th March 2016.
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