Question

a wholesaler allows a discount of 20% on the list price of an article to a retailer. the retailer sells it at a 5% discount on the list price. if the customer pays rs. 38 for article, what is the retailer profit

Answer 1

38/95*100=40 it is the list price
40/100*80=32 it is customer paid price
so the retailer profit is
38-32=6