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Question

A publisher sells books to a retail dealer at Rs. 5 a copy but allows 25 copies to be counted as 24. If the retailer sells each of the 25 copies at Rs. 6, his profit percent is:

A
20%
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B
25%
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C
24%
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D
40%
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Solution

The correct option is A 25%
The cost of 25 copies to the retailer = 5×24 = Rs. 120.
The SP of 25 copies = 6×25 = Rs. 150
Profit %= 150120120×100

=30120×100

=14×100

=25%

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