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Question

A manufacturer sells his goods to a wholesaler at 10% gain, the wholesaler to the retailer at 20% gain and the retailer to the customer at 30% gain. Find what percent the customer has to pay more on the manufactured price?

A
60%
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B
6623 %
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C
4815 %
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D
7135 %
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Solution

The correct option is D 7135 %
Let the price of the goods = Rs. 100.
Then, at 10% profit, it was sold to the wholeseller by
Rs. (100+10)= Rs. 110.
The S.P to the retailer at 20% gain = Rs(110+110×20100)= Rs. 132.
The S.P to the consumer at 30% gain = (132+132×20100)=Rs. 171.6.
The net increase in price for the consumer = Rs. (171.6100)
= Rs. 71.6 over Rs. 100
=71.6
=7135 %
Ans- Option D

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