• # question_answer A manufacturer sells an article to a wholesale dealer at a profit of 20% and the wholesale dealer sells it to a retail merchant at a loss of 5%. Find the resultant loss or profit. A)  14% loss           B)  14% gain C)  12% gain          D)  12% loss

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 $=\frac{\left( \frac{114}{100}-1 \right)x}{x}\times 100=14%$