A whole – seller allows a discount of 30 % on the list price to a retailer. The retailer sells at 10 % discount on the list price. If the customer paid Rs. 63 for an article, what profit is made by the retailer?
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Answer:
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Step-by-step explanation:
=>The customer pays Rs. 63 after a discount of 10%.
=>If the list price is Rs. x, then
=>X – 10% of x = 63
=>X = Rs. 70
=>Therefore, the list price = Rs. 70
=>The retailer buys the article at 30 % discount
The retailer buys the article at 30 % discount= >70 – 30 % of 70
70 – 30 % of 70=>Rs. 59
=> Then the profit for the retailer = Rs. (63 -59) = Rs.4.
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Answered by
1
Explanation: The customer pays Rs. 63 after a discount of 10%.
If the list price is Rs. x, then
X – 10% of x = 63
X = Rs. 70
Therefore, the list price = Rs. 70
The retailer buys the article at 30 % discount
= 70 – 30 % of 70
=Rs. 59
Then the profit for the retailer = Rs. (63 -59) = Rs.4.
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