SOLUTION: a manufacturer sells an article to a wholeseller at a profit of 18%, the wholeseller sells to retailer at a profit of 20%. The retailor seleer to customer at a profit of 25%.If t
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Question 661550: a manufacturer sells an article to a wholeseller at a profit of 18%, the wholeseller sells to retailer at a profit of 20%. The retailor seleer to customer at a profit of 25%.If the customer pays Rs 30.09 for each, find the cost of manufacturer ?
Answer by kevwill(135) (Show Source): You can put this solution on YOUR website!
Let m be the cost of manufacture and c be the price the customer pays. Then
c = ((m*1.18)*1.20)*1.25
c = m*1.77
m*1.77 = 30.09
m = 30.09 / 1.77 = 17.
The cost of manufacture is Rs 17.00.
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