A manufacturer sells a radio to a retailer at a profit of $10 % .$ The retailer sells it to a customer for $R s . 1320$ and thereby makes a profit of $20 % .$ Find the manufacturer's cost price of the radio.

1000

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800

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1300

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1100

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Solution

The correct option is A $1000$
$S P = R s .1320$
$P r o f i t = 20$ %
$∴ C P = \frac{100}{120} \times 1320 = R s .1100$
$N o w, P r o f i t = 10$ %
$S P = R s .1100$
$∴ C P = \frac{100}{110} \times 1100 = R s .1000$

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A manufacturer sells a radio to a retailer at a profit of 10%. The retailer sells it to a customer for Rs.1320 and thereby makes a profit of 20%. Find the manufacturer's cost price of the radio.

The correct option is A 1000SP=Rs.1320Profit=20 %∴CP=100120×1320=Rs.1100Now,Profit=10 %SP=Rs.1100∴CP=100110×1100=Rs.1000

A manufacturer sells a radio to a retailer at a profit of $10 % .$ The retailer sells it to a customer for $R s . 1320$ and thereby makes a profit of $20 % .$ Find the manufacturer's cost price of the radio.

The correct option is A $1000$
$S P = R s .1320$
$P r o f i t = 20$ %
$∴ C P = \frac{100}{120} \times 1320 = R s .1100$
$N o w, P r o f i t = 10$ %
$S P = R s .1100$
$∴ C P = \frac{100}{110} \times 1100 = R s .1000$