Profit and Loss Practice Test 1

Question : 30 of 40

Marks: +1, -0

The profit per cent of a book seller if he sells a book at the marked price after enjoying a commission of 25% on marked price will be:

Solution:

\table \MP ,\CP \for \Shopkeeper ,\SP;100 , 100 -25/100×100= \Rs 75, 100

Profit per cent

={SP-CP}/{CP}×100

={100-75}/75×100=33 1/3%

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