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?	Choices
A) Rs.2 B) Rs.3 C) Rs.4 D) Rs.4.5 E) Rs.5.5
If wholesaler's list price=100%, Retailer's CP=80% &amp; SP=95%   If SP of 95% of the retailer costs Rs.19 to customer,so its CP of 80% will cost 80*19/95= 
<gadget id="calculator">80*19/95</gadget>
<output>16</output>
16   Profit is made by the retailer=19-16= 
<gadget id="calculator">19-16</gadget>
<output>3</output>
3 Rs.   ANSWER:Rs.3
<result>B</result>
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?