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The profit percent of a book seller if h...

The profit percent of a book seller if he sells book at marked price after enjoying a commission of 25% on marked price will be:

A

0.3

B

0.25

C

0.2

D

33 `1/3` %

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The correct Answer is:
To solve the problem, we need to determine the profit percentage of a book seller who sells a book at its marked price after receiving a commission of 25% on that marked price. ### Step-by-Step Solution: 1. **Assume the Marked Price (MP):** Let's assume the marked price of the book is \( MP = 100 \). **Hint:** Start by defining the marked price as a convenient number to simplify calculations. 2. **Calculate the Commission:** The commission received by the seller is 25% of the marked price. \[ \text{Commission} = 25\% \text{ of } MP = 25\% \text{ of } 100 = 25. \] **Hint:** Remember that commission is a percentage of the marked price. 3. **Determine the Cost Price (CP):** The cost price can be calculated by subtracting the commission from the marked price. \[ CP = MP - \text{Commission} = 100 - 25 = 75. \] **Hint:** The cost price is what the seller effectively pays after accounting for the commission. 4. **Identify the Selling Price (SP):** Since the book is sold at the marked price, the selling price is: \[ SP = MP = 100. \] **Hint:** The selling price is the price at which the book is sold, which in this case is the marked price. 5. **Calculate the Profit:** Profit can be calculated using the formula: \[ \text{Profit} = SP - CP = 100 - 75 = 25. \] **Hint:** Profit is the difference between the selling price and the cost price. 6. **Calculate the Profit Percentage:** The profit percentage can be calculated using the formula: \[ \text{Profit Percentage} = \left( \frac{\text{Profit}}{CP} \right) \times 100 = \left( \frac{25}{75} \right) \times 100 = \frac{2500}{75} \approx 33.33\%. \] **Hint:** Profit percentage is calculated based on the cost price, so remember to divide the profit by the cost price before multiplying by 100. ### Final Answer: The profit percentage of the book seller is approximately **33.33%**.
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