SOLUTION: A manufacturer sells an article to a wholesaler at a profit of 18percent, the wholesaler sells it to a retailer at a profit of 20percent. The retailer sells it to a customer at a p

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Question 1016151: A manufacturer sells an article to a wholesaler at a profit of 18percent, the wholesaler sells it to a retailer at a profit of 20percent. The retailer sells it to a customer at a profit of 25percent. If the customer pays rupees=30.09 for it,find cost of the manufacturer. (please give answer in detailed method)
Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
Let manufacturer's cost be "x"
Equation::
Cost to customer:: 1.18*1.20*1.25x = 1.77x
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Solve for "x"::
1.77x = 30.09
x = 17 rupees
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Cheers,
Stan H.
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