A manufacturer sells to a wholesaler at a 25% profit. The wholesaler sells to a retailer at a 20% profit. The retailer sells to a customer at a 15% profit for Rs. 1380. If the manufacturer's total cost includes a 25% packaging charge on the base item cost, what is the base item cost? MCQ with Answer and Explanation
A manufacturer sells to a wholesaler at a 25% profit. The wholesaler sells to a retailer at a 20% profit. The retailer sells to a customer at a 15% profit for Rs. 1380. If the manufacturer's total cost includes a 25% packaging charge on the base item cost, what is the base item cost?
A. Rs. 720
B. Rs. 640
C. Rs. 500
D. Rs. 600
Answer: Option B
Solution (By JKSSB Mock Tests)
Retailer's Cost Price = 1380 / 1.15 = 1200. Wholesaler's Cost Price = 1200 / 1.20 = 1000. Manufacturer's Total Cost = 1000 / 1.25 = 800. Total Cost = Base Cost + 0.25 * Base Cost = 1.25 * Base Cost. 1.25 * Base Cost = 800. Base Cost = 800 / 1.25 = 640.
A dealer buys an article at a 20% discount on its marked price. He spends 10% of the cost price on repairs and sells it at a 15% profit on the marked price. Find his total profit percentage.
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