SOLUTION: A manufacturer makes an article for $18.50. He sells it to a dealer making a profit of 40% of the cost. The dealer sells the article making 50% profit of her cost. What is the pri
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Question 120102: A manufacturer makes an article for $18.50. He sells it to a dealer making a profit of 40% of the cost. The dealer sells the article making 50% profit of her cost. What is the price charged by the dealer?
Answer by josmiceli(19441) (Show Source): You can put this solution on YOUR website!
Let = profit made by manufacturer
The dealers purchase price is
The dealers profit is
The dealers selling price is
The price charged by the dealer is $38.85 answer
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