Question

a whole seller 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

Answer:

Step-by-step explanation:

Suppose the list price is rs. 100;

Whole seller allows a discount of 20%;

So the Selling price is (Cost price for retailer) = 80;

Retailer sells at 8% discount on the list price:

So the selling price (as per 8% on list price) = 92;

Total profit = 92-80 = 12;

Profit in percent = (12/80)* 100 = 15%

Answer 2

Let the list price be x.

cost price to the retailer = x - 20% of x

= x - 20 × x/100

= x - 0.2x

= 0.8x

selling price = 8% discount on list price

= x - 8 % of x

= x - 8 × x/100

= x - 0.08x

= 0.92x

so, profit = selling price - cost price

= 0.92x - 0.8x = 0.12x

now, % profit = profit × 100/cost price

= 0.12x/0.8x × 100

= 120/8 = 15%

hence, 15% profit of the retailer.