a wholeseller gives 20% discount on an article the retailer gives 5% if the customer pays rs 114 to the retailer .what is the profit made by the retailer and what is the profit % of the retailer

• let price of article be x. Wholeseller gave 20% discount. So C.P= 0.8x
  Retailer gave 5% discount, So S.P= 0.95x, customer paid 114 Rs.
  => 0.95x=114 =>x= 120 Rs.
  profit= 0.95x-0.8x= 0.15x= 0.15*120= 18 Rs.
  profit% = profit*100/C.P= 18*100/96= 18.75%
• 13 years agoHelpfull: Yes(1) No(0)