Question

Publisher sells books to a retailer at a marked price which is 20% above his outlay. If on cash payment, he allows a discount of 10% goes the marked price. The publisher thus gains

विकल्प

• 12%.

• 10%.

• 8%.

• 14%.

Answer 1

8%.

Explanation:

Let CP of Book = 100

MP = 120

SP after Discount`=90/100xx120=108`

Profit % = 8%