A publisher printed 2000 copies of a book at a cost of Rs. 70,000. He distributes 400 copies free as specimen copies. He gave 30% discount on printed price and the printed price of each book is Rs. 75. What is his gain or loss percentage ? A. 20% gain B. 20% loss C. 10% loss D. 10% gain Answer Workspace Report Discuss Answer with explanation Answer: Option A Explanation According to the question, C.P of a book = 70000/(2000 – 400) = Rs. 43.75 So, S.P of a book = 75 * (1 – 30/100) = Rs. 52.5 So, gain % = (52.5 – 43.75)/43.75 * 100 = 20% gain Workspace
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