A wholesaler allows a discoun of 20 % on the list price to a retailer the retailer sells at 5 % discount on the list price. if the customer pays Rs 37 what profit is made by the retailer?
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Step-by-step explanation:
Let MP = 100
CP to retailer = 80
SP to retailer = 95
Profit = 15
Customer paid = 38 , It means 95 = 38 , 100 = 40
If MP = 40
Profit = 40\times \frac{15}{100}=6
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