Question

A purchases a car at a discount of 20% from a wholesaler and sells it
a profit of 20% for Rs. 1800. How much discount did he get from the
wholesaler?​

Answer 1

Step-by-step explanation:

Let the list price of the article be Rsx

So, the retailer bought it from the wholesaler at (100−20)=80 % of x=Rs.0.8x

And the retailer sold it at (100−5)=95 % of x=Rs.0.95x

Given, 0.95x=Rs114

=>x=Rs120

So, for the retailer,

C.P..=Rs0.8x=Rs.0.8×120=Rs96

And given SP=Rs.114

=>Profit=S.P.−C.P.=Rs.114−Rs.96=Rs.18

Hence, profit % = {(S.P.-C.P)/C.P}×100

(18÷96)×100

=18.75%

Answer 2

Answer:

18.75%

Step-by-step explanation:

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