Answered: A bookstore purchased a best selling…

A bookstore purchased a best selling book at P200 per copy. At what price should this book be sold so that, giving a 20% discount, the profit is 30%.

Economics Today and Tomorrow, Student Edition

1st Edition

ISBN:9780078747663

Author:McGraw-Hill

Publisher:McGraw-Hill

Chapter5: Buying The Necessities

Section: Chapter Questions

Problem 10AA

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A bookstore purchased a best selling book at P200 per copy. At what price should this book be sold so that, giving a 20% discount, the profit is 30%.

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