The wholesaler allows the retailer a trade discount of 7% on the listed price , then what profit does the retailer make ?
Ans is 27.60 . Give the explaination
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Step-by-step explanation:
listed price = selling price
selling price-cost price- discount= profit
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Answer:
x+7 percent of x =27.60
》x +7x/100 = 27.60
》100x+7x/100 = 27.60
》107x/100 = 27.60
》107x = 27.60 × 100
》107x = 2760
》x = 2760/107
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