1.

A publisher printed 2000 copies of a book at a cost of $ 70,000. He distributes 400 copies free as specimen copies. He gave 30% discount on printed price and the printed price of each book is $ 75. What is his gain or loss percentage?

A. 20% gain
B. 20% loss
C. 10% loss
D. 10% gain
Answer» B. 20% loss


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