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Question

A publisher gives his distributor a discount of 30% on the printed price of the books. The distributor sells those books to a book-seller at 20% discount on the printed price and the book -seller sells these books at their printed price. Calculate the profit per cent made by the distributor

A
1117%
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B
1427%
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C
1717%
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D
2027%
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Solution

The correct option is D 1427%
Let the printed price be Rsx
Then for the distributor
The, Cost Price he buys the books from the publisher after 30 % discount =Rs0.7x
And Selling Price after giving 20 % discount to the bookseller =Rs0.8x
So Profit % for the distributor =S.PC.P.C.P.×100=0.8x0.7x0.7x×100=1007=1427 %

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