A bookseller sells all his books at a profit of 10%. If he buys a book fromthe distributor at Rs 200, how much does he sell it for?
Given profit % = 10% CP = Rs. 200
Since SP = {(100 + profit %) /100} x CP
= {(100 + 10)/100} x 200
= {110/100} x 200 = Rs. 220
The bookseller sells the book for Rs. 220
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