Question

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?​

Answer 1

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