3 years ago in Profit & Loss

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?

[A] Rs.2
[B] Rs.3
[C] Rs.4
[D] Rs.4.5
[E] None of these
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Answers

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BHAGYASHREE KUMARI
BHAGYASHREE KUMARI - 5 months ago

BHAGYASHREE KUMARI from Bhubaneswar, India is saying Rs.4 is correct answer

Sayed badruzama
Sayed badruzama - 3 years ago

Sayed badruzama from Mumbai, India is saying Rs.3 is correct answer

Nazia Sayed
Nazia Sayed - 3 years ago

Nazia Sayed from Mumbai, India is saying Rs.3 is correct answer

Related Questions

A sells an article to B at a profit of 10% B sells the article back to A at a loss of 10%. In this transaction:

  • [A] A neither losses nor gains
  • [B] A makes a profit of 11%
  • [C] A makes a profit of 20%
  • [D] B loses 20%