Let the list price be x

Cp to retailer = 0.8 x

Sp retailer = 0.95 x

Profit = 0.15 x

We know that customer paid $38. hence 0.95x = 38 and x = 40

Profit = 0.15 * 40 = $6

ramkryp wrote:

A whole-seller allows a discount of 20% on the list price to a retailer. The retailer sells at 5% discount on the list price. If the customer paid $38 for an article, what profit is made by the retailer ?

a. $10

b. $8

c. $6

d. $12

How to do this ?