Question

The catalogue price of an article is rupees 25 but the retailer is allowed at trade discount of 15% at what price must retailer share it to gain 20% of what he pays for it also calculate its profit​

Answer 1

Answer:

The catalogue price of an article is rupees 25 but the retailer is allowed at trade discount of 15% at what price must retailer share it to gain 20% of what he pays for it also calculate its profit.

The selling price = Rs 25.50

The profit = Rs 4.25

Step-by-step explanation:

The marked price of the article is Rs 25

The retailer buys at a discount of 15%

The buying price is therefore:

100% - 15% = 85% of the marked price.

The buying price = 85/100 × 25 = Rs 21.25

The retailer wants to gain 20%. So, he has to sell the article at 120% of the buying price.

Therefore, the retailer sells the item at:

21.25 × 120/100 = Rs 25.50

The profit = 25.50 - 21.25 = Rs 4.25

Answer 2

Answer:

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