A wholesaler sells goods to a retiler at profilt of 20%. The retailer sells to the customs ,Who pays 80% more than the cost of the wholesaler . What is the relater's profit?

A 40%
B 50%
C 60%
D 70%

Correct Answer: 50%

Let cost of wholesaler = 100tk At 20% profit he sells = 120tk = the cost of retailer Retailer sell it for 80% profit on cost of wholesaler = 100 + 100×(80/100) = 180 tk Profit of retailer = 180 - 120 = 60 tk Percentage = (60×100)/120 = 50%
Bissoy MCQ

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