The printed price on a book is RS. 400, a bookseller offers a 10% discount on it. If he still earns a profit of 12%, then the cost price of the book is

Question

Kadyan ~ Delhi · Accepted Answer

SP = 400 - (10 % * 400) = 360

Profit = SP - CP

12% CP = 360 - CP

1.12 CP = 360

CP = 360 * 100 / 112

CP = 321.4

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The printed price on a book is RS. 400, a bookseller offers a 10% discount on it. If he still earns a profit of 12%, then the cost price of the book is

Answer is "321"

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