Question

A wholesaler offfer 20% off season discount to the retailer and still makes a profit of 15% . What is the actual cost to him of an article marked rupees 862.50.​

Answer 1

Answer:

15%

Step-by-step explanation:

let list price =100x

whole saler sp=80x

cp of retailer=80x

discount =8% on list price

sp=92x

profit=92x-80x=12x

%ptofit= profit*100/cp

=12x*100/80x

= 15%