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- A whole- seller allows a discount of 20% on the list price to retailer. The retailer sells at 5
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?
- Option 1)
Rs. 10
- Option 2)
Rs.8
- Option 3)
Rs. 6
- Option 4)
Rs. 7
- Option 5)
Rs. 12
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?
- Option 1)
Rs. 10
- Option 2)
Rs.8
- Option 3)
Rs. 6
- Option 4)
Rs. 7
- Option 5)
Rs. 12
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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 =