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Textbook prices sure seem high. How much profit does the Bookstore make on textbooks?

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Textbook prices sure seem high. How much profit does the Bookstore make on textbooks?

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On average, about 4 cents on every dollar paid for new textbooks represents profit to the Bookstore. About 65.8% of the sticker price on new books goes back to the publisher, mostly to cover development of the book and normal business expenses. The author gets about 11.8% in royalties. The freight company that shipped the book gets 1.0%. The rest goes to the Bookstore which is used to cover staff wages and benefits, insurance and taxes as well as other overhead costs.

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