Solve that!
I don't need unnecessary answers, i will report it so please!
Answers
Answer:
let the cost of electric item be Rs 100.
now,
wholeseller sold it to retailer at 20%profit.
therefore, the cost which retailer has to pay is equal to (100+20% of 100)
which is (100+ 20)= Rs120........1
now,
the retailer sold it for Rs 2052 and incurs a loss of 5%.
Using unitary method..
FOR RETAILER:
cost of 95 %of electric item = 2052(since he sold it at 5% loss)
therefore,
cost of 1%of electric item=(2052÷95)= Rs 21.6
therefore, cost of 100%=21.6×100= Rs2160
Reailer paid Rs 2160 for it . this is first answer.
FOR WHOLESELLER:
again using unitary method,
from 1 we get that
120 is equal to 2160 (cost which retailer paid)
1 is equal to (2160÷120)= 18
100 is equal to (18×100)=Rs 1800
therefore,
Wholeseller paid Rs 1800 for it.
Hope it helps
Thanks
Aquib.