A book seller allowing a discount on the marked price of a book made a profit of . What will be his percentage of profit if he sells the book at the marked price?
- A25%
- B30%
- C20%
- D22%
Solution & Step-by-step Explanation
Let the Marked Price () be .
A discount of is given on the :
At this , the book seller makes a profit of . Therefore:
If he sells the book at the marked price, the new selling price becomes equal to the :
The new profit percentage is:
A discount of is given on the :
At this , the book seller makes a profit of . Therefore:
If he sells the book at the marked price, the new selling price becomes equal to the :
The new profit percentage is: