A manufacturer sells to a wholesaler at a profit of 20%. The wholesaler sells to a retailer at a profit of 25%. The retailer sells to a customer at a profit of 40%. If the customer pays Rs. 4200, find the manufacturing cost. MCQ with Answer and Explanation
A manufacturer sells to a wholesaler at a profit of 20%. The wholesaler sells to a retailer at a profit of 25%. The retailer sells to a customer at a profit of 40%. If the customer pays Rs. 4200, find the manufacturing cost.
A. Rs. 2400
B. Rs. 1800
C. Rs. 2200
D. Rs. 2000
Answer: Option D
Solution (By JKSSB Mock Tests)
Let Manufacturing Cost = X. X * 1.20 * 1.25 * 1.40 = 4200. X * 1.50 * 1.40 = 4200. 2.10X = 4200. X = 2000.
No comments yet. Be the first to start the discussion!