A) 14% loss
B) 14% gain
C) 12% gain
D) 12% loss
Correct Answer: B
Solution :
Cost price of article = Rs. x ,then Cost price of wholesaler \[=\left( \frac{100+20}{100} \right)x=Rs.\frac{6}{5}x\] ? (i) Cost price of retailer\[=\frac{(100-5)}{100}\times \left( \frac{6}{5}x \right)\] \[=\frac{19}{20}\times \frac{6}{5}x=Rs.\frac{114}{100}x\] ? (ii) \[\therefore \] Required final profit \[=\frac{\left( \frac{114}{100}-1 \right)x}{x}\times 100=14%\]You need to login to perform this action.
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