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. $11\frac{1}{7}$%
• B. $14\frac{2}{7}$%
• C. $17\frac{1}{7}$%
• D. $20\frac{2}{7}$%

Answer 1

Answer: (B)

$14\frac{2}{7}$%

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 $=\frac{S.P-C.P.}{C.P.}\times 100=\frac{0.8x-0.7x}{0.7x}\times 100=\frac{100}{7}=14\frac{2}{7}$ %