If a commission at rate of 10 % is given to a bookseller on marked price of a book by publisher, pub

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7.Profit and Loss

medium

If a commission at the rate of $10 \%$ is given to a bookseller on the marked price of a book by the publisher, the publisher gains $20 \%$. If the commission is increased to $15 \%$ then the gain percent would be

A

$16 \frac{2}{3}$

B

$13 \frac{1}{3}$

C

$15 \frac{5}{6}$

D

$12 \frac{1}{2}$

Solution

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Standard 13

Quantitative Aptitude

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