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If a commission of 10% is given on the m...

If a commission of 10% is given on the marked price of a book, the publiser gains 20%. If the commission is increased to 15%, the gain of publisher is:

A

0.1333

B

0.15

C

0.18

D

data insufficient

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AI Generated Solution

The correct Answer is:
To solve the problem step by step, we will first define the variables and then calculate the required values based on the information given in the question. ### Step 1: Define the Cost Price (CP) and Marked Price (MP) Let's assume the Cost Price (CP) of the book is 100 units (this makes calculations easier). ### Step 2: Calculate the Selling Price (SP) with 10% Commission Given that the publisher gains 20%, we can calculate the Selling Price (SP) as follows: - Gain = 20% of CP = 20% of 100 = 20 - Therefore, SP = CP + Gain = 100 + 20 = 120 units. ### Step 3: Relate Selling Price to Marked Price with 10% Commission When a 10% commission is given on the Marked Price (MP), the Selling Price can also be expressed as: - SP = MP - 10% of MP - SP = MP - (10/100) * MP = MP - 0.1 * MP = 0.9 * MP. ### Step 4: Set up the Equation Now, we can set up the equation based on the Selling Price: - 120 = 0.9 * MP. - To find MP, we rearrange the equation: MP = 120 / 0.9 = 133.33 units. ### Step 5: Calculate Selling Price with 15% Commission Now, we need to find the Selling Price when the commission is increased to 15%: - SP = MP - 15% of MP - SP = MP - (15/100) * MP = MP - 0.15 * MP = 0.85 * MP. ### Step 6: Substitute the Marked Price Substituting the value of MP we found earlier: - SP = 0.85 * 133.33 = 113.33 units. ### Step 7: Calculate the Gain with 15% Commission Now, we can find the gain for the publisher when the commission is 15%: - Gain = SP - CP = 113.33 - 100 = 13.33 units. ### Step 8: Calculate the Gain Percentage To find the gain percentage: - Gain Percentage = (Gain / CP) * 100 = (13.33 / 100) * 100 = 13.33%. ### Step 9: Convert Gain Percentage to Decimal To express the gain in decimal form: - Gain in decimal = 13.33 / 100 = 0.1333. ### Final Answer Thus, the gain of the publisher when the commission is increased to 15% is **0.1333** or **13.33%**. ---
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ARIHANT SSC-PROFIT, LOSS AND DISCOUNT-INTRODUCTORY EXERCISE 6 .2
  1. The cost price of a scooter is Rs. 20,000 and the profit percent is 12...

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  2. The SP of an article is Rs. 3200 and the profit per cent is 33 1/3%. F...

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  3. The CP of an aritcle is 5/6 th of the SP. What is the percentage profi...

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  4. The MP of a camera is 3/2 of the CP and SP is 9/10 of MP. Find the per...

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  5. The MP of an article is 30% higher than its CP and 20% discount is all...

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  6. An article is sold for Rs. 1980 at 10% profit. What is the cost price?

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  7. On selling an article for Rs. 576 a trader loses 4%. In order to gain ...

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  8. The per cent profit made when an article is sold for Rs. 56 is thrice ...

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  9. A shopkeeper uses a weight of 460 g instead of 500 g and sells the art...

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  10. A trader uses a weight of 920 g instead of 1 kg and sells the articles...

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  11. If a gift pack is sold at a gain of 6% instead of being sold at a loss...

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  12. A man sells a bicycle at a gain of 10%. If he had bought it at 10% les...

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  13. An item costing Rs. 600 is being sold at 20% loss. If the price is fur...

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  14. While selling an electric fan, a dealer gives a discount of 5%. If he ...

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  15. If a commission of 10% is given on the marked price of a book, the pub...

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  16. A retailer buys a cellphone at a discount of 15% and sells it for Rs. ...

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  17. At what percent above the cost price must an articles be marked so as ...

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  18. A merchant marks his goods at Rs. 900 and allows a discount of 25%. If...

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  19. A vendor buys oragnes @ Rs. 2 for 3 oranges and sells them at a rupee ...

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