Question

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? ​

Answer 1

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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Answer 2

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.