The cost of type setting for a book is Rs 12000.The cost of paper ,printing and binding etc. 1000 copies of the book are printed and only 850 are sold at the rate Rs 60 per book , the remaining book are given as specimen to the institutions .Find the profit percent on the whole transaction.

Asked by Vidhi Srivastava | 20th May, 2013, 08:49: PM

Expert Answer:

Total CP = Rs 12000
 
Total SP = 850*60 = 51000
 
Hence profit = 51000-12000 = 39000
Profit% = 39000/12000 *100 = 325%

Answered by  | 21st May, 2013, 05:46: AM

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