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Question

A product was sold by a company to the wholesaler for a price 20% more than its production cost. The wholesaler sold it for 30% profit to the retailer and the retailer sold it for 50% profit to the customer. Find the price at which the customer brought the product if the production cost of the product was 75 Rs.

A
Rs. 234
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B
Rs. 200.5
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C
Rs. 178.5
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D
Rs. 156
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E
Rs. 175.5
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Solution

The correct option is E Rs. 175.5
The final price of the product =75×1.2×1.3×1.5=Rs.175.5

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