math
posted by rushil
a retailer buys an article at a discount of 15% on printed price from a wholesaler. He makes up the price by 10%. Due to competition in the market, he allows a discount of 5% to buyer. If the buyer pays rupees 451.44 for the article inclusive of sale tax at 8% then find the profit percentage of retailer and the printed price of an article

Steve
wholesaler's printed price: p
retailer's cost: 0.85p
price after markup: 0.85p*1.10 = 0.935p
price after buyer discount: 0.935p * 0.95 = 0.88825p
buyer pays .88825p*1.08 = 451.44
So, p = 470.59
price/cost for retailer is
.88825p/.85p = 1.045
so he made 4.5%
Respond to this Question
Similar Questions

maths
A manufacturer lists the price of the goods at Rs.240 per article. The wholesaler gets a discount of 25% on the goods from the manufacturer. The retailers are allowed a discount of 15% on the list price by the wholesaler. The prescribe … 
mathsurgently needed
A manufacturer lists the price of the goods at Rs.240 per article. The wholesaler gets a discount of 25% on the goods from the manufacturer. The retailers are allowed a discount of 15% on the list price by the wholesaler. The prescribe … 
mathsurgently needed
A manufacturer lists the price of the goods at Rs.240 per article. The wholesaler gets a discount of 25% on the goods from the manufacturer.The retailers are allowed a discount of 15% on the list price by the wholesaler. The prescribe … 
mathsurgently neededplse help
A manufacturer lists the price of the goods at Rs.240 per article. The wholesaler ge6ts a discount of 25% on the goods from the manufacturer. The retailers are allowed a discount of 15% on the list price by the wholesaler. The prescribe … 
mathsurgently needed
A manufacturer lists the price of the goods at Rs.240 per article. The wholesaler ge6ts a discount of 25% on the goods from the manufacturer. The retailers are allowed a discount of 15% on the list price by the wholesaler. The prescribe … 
mathsprofit
a shopkeeper buys an article at a discount of 15% on the printed price. after charging a sales tax of 5% on the printed price, he sells the article at rs.630. find the profit 
mathsProfit, discount
a shopkeeper buys an article at a discount of 15% on the printed price. after charging a sales tax of 5% on the printed price, he sells the article at rs.630. find the profit 
MATHS SALES TAX plse URGENT
a shopkeeper buys an article at a discount of 15% on the printed price. after charging a sales tax of 5% on the printed price, he sells the article at rs.630. find the profit 
math
market price of an article is rs150. 2 successiue discounts are allowed on it.if second discount be 12 1/2% and selling price of article be 105rs.then first discount is? 
Maths
A shopkeeper buys an article whose printed is rs 4000 from a wholesaler at a discount of 20% . the rate of sales tax under vat on the article is 8%. If he sells the article to a consumer at the printed price plus tax