A wholesaler allows a discount of 20% on the lift price to a retailer to retailer cells at 8% discount on the list price the profit percent of the retailer is

To calculate the profit percentage of the retailer, we need to consider the successive discounts.

Let's assume the list price is 100.

The wholesaler gives a 20% discount to the retailer , which means the retailer pays 80% of the list price, i.e, 80.

Now, the r etailer sells at an 8% discount on the list price. So, the selling price is 92% of the list price, which is 92.

The profit for the retailer is then the difference between the selling price and the price they paid to the wholesaler: 92 - 80 = 12.

To find the profit percentage, we divide the profit by the cost price (what the retailer paid to the wholesaler) and then multiply by 100:

Profit percentage = (Profit / Cost Price) x 100

Profit percentage = (12 / 80) x 100 = 15%

So, the profit percentage of the retailer is approximately 15%.

Hello, The profit percent of the retailer is 15%.

Step-by-Step Calculation

Let's assume the list price of the item is 100 to make the calculation easy.

Retailer's Cost Price (What the retailer paid):

• The wholesaler gives a 20% discount on the list price.
• Discount = 20% of 100 = 20.
• Retailer's Cost Price = 100 - 20 = 80.

Retailer's Selling Price (What the retailer sold it for):

• The retailer sells at an 8% discount on the list price.
• Discount = 8% of 100 = 8.
• Retailer's Selling Price = 100 - 8 = 92.

Calculate the Profit:

• Profit = Selling Price - Cost Price
• Profit = 92 - 80 = 12.

Calculate the Profit Percent:

• The profit percentage is always calculated on the cost price.
• Profit % = (Profit / Cost Price) x 100
• Profit % = (12 / 80) x 100
• Profit % = 15%.

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