Question

7. A wholesaler allows a discount of 20% on the list price to a retailer. The retailer sells
at 8% discount on the list price. The profit percent of the retailer is :

Answer 1

Solution:-

Let the list price be x

Discount = 20%

C.P of retailer = 80x/100 = 4x / 5

Theretailer sold the item at Discount= 8% on the list price

Discount = 8%of x = 8x/100

S.P of retailer = x - 8x/100

= (100x - 8x) /100

S.P = 98x/100

sp = 0.9996

49x / 50 =

X= 50/49

x = 50/49

x = 1.020

The C.P of the retailer = 4x/5

=( 4×1.020) /5

cp = 0.816

Retailer earned a profit = S.P - C.P

= (0.9996-0.816) =0.1836

p% = 0.1836 × 100 / 0.816

p%= 22.5

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@GauravSaxena01

Answer 2

Answer:

15% is the Answer

Source :- Internet

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