SOLUTION: A manufacturer sells to a wholesaler at a profit of 20%, the wholesale price to a shopkeeper is at profit of 10% and the shopkeeper retails his goods at a profit of 12.5%. Find i)

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Question 205692: A manufacturer sells to a wholesaler at a profit of 20%, the wholesale price to a shopkeeper is at profit of 10% and the shopkeeper retails his goods at a profit of 12.5%. Find
i) The wholesale price of goods which cost the manufacturer $90.
ii) The cost to the manufacturer for goods sold in the shop for $1485.

Answer by rfer(10417) About Me  (Show Source):
You can put this solution on YOUR website!
A)
90*1.2=$108
B)
1485*.875=1299.38
1299.38*.9=1169.44
1169.44*.8=$935.55 factory cost