the list price of a chair is rupees 560 and the dealer allows 25 percent discount on it to the retailer for how much should a retailer sell it to gain 20 percent . answer fast 50 points question and who answers right and in understood way to that person I will bark branliest and i promise it
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A retailer sells at Rs. 504 to gain 20%.
Step-by-step explanation:
Since we have given that
List price = Rs. 560
Discount % = 25%
Amount of discount would be
So, Selling price = List price - Discount
Selling price = 560 - 140
Selling price = Rs. 420
So, Profit % = 20%
So, Selling price would be
Hence, A retailer sells at Rs. 504 to gain 20%.
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The list price of chair is rupees 560 and the dealer allows 25% discount on it to the retailer for how much should a retailer sell it to gain 20%
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