A whole- seller allows a discount of 20% on the list price to retailer. The retailer sells at 5 % discount on the list price. If the customer paid Rs. 38 for an article, what profit is made by the retailer?
Rs. 10
Rs.8
Rs. 6
Rs. 7
Rs. 12
Let MP = 100
CP to retailer = 80
SP to retailer = 95
Profit = 15
Customer paid = 38 , It means 95 = 38 , 100 = 40
If MP = 40
Profit =