ADITI
Company
Numerical Ability
Profit and Loss
Q. A wholesaler allows a discount of 20 % on the list price to the retailer. The retailer sells at 5% below the
list price. If the customer pays Rs.19 for an article what profit is made by the retailer on it?
Option
(a) Rs.2
(b) Rs.3
(c) Rs.4
(d) Rs.4.5
Read Solution (Total 3)
-
- (b) Rs 3
If wholesaler's list price=100%, Retailer's CP=80% & SP=95%
If SP of 95% of the retailer costs Rs.19 to customer,so its CP of 80% will cost 80*19/95=16
Profit is made by the retailer=19-16=3 Rs. - 10 years agoHelpfull: Yes(2) No(0)
- retailer sells good @ 95 % of list price
x*95/100=19 (given from the question)
x=1
so original list price=19+1=20
Wholesaler allowed 20 % discount on Rs 20
so 20% of 20 =4
original price for retailer = 20-4=16
and profit of retailer=19-16=3
so option B is a right answer - 10 years agoHelpfull: Yes(0) No(0)
- i don't know .thank u
- 4 years agoHelpfull: Yes(0) No(0)
ADITI Other Question