#### A retailer buys an article at a discount of 15% on the printed price from a wholesaler. He marks up the price by 10%. Due to competition in the market, he allows a discount of 5% to a buyer. If the buyer pays ₹451.44 for the article inclusive of sales tax (under VAT) at 8%, find :

(i) the printed price of the article

(ii) the profit percentage of the retailer.

**Solution:**

(i) Let the printed price of the article = ₹ 100

Then, the retailer’s cost price

= ₹ 100 – ₹ 15 = ₹ 85

Now, marked price for the retailer

= ₹ 100 + ₹ 10 = ₹ 110

Rate of discount allowed = 5%