A retailer gives a cash discount of 6% on an article listed 400 dollars. If the retailer is allowed 18% trade discount, what is the retailer's profit percent?

consumer discount reduces price to

400 - 400(.06) = 376

if the retailer bought the product with a 18% trade discount he or she paid 400 - 400(.18) = 328

the profit percent made is (376-328)/328 = .146341

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