A publisher gives 32% discount on the printed price of a book to booksellers. What does a book seller pay for a book whose printed price is Rs. 275?
Given,
Printed price (MP) = Rs 275
Discount = 32%
Discount = (MP × Discount %)/100
= (275×32)/100
= 88
SP = MP – Discount
= 275 – 88
= Rs 187
∴ The book seller pays Rs 187.