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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.
  1. Rs. 200.5
  2. Rs. 178.5
  3. Rs. 234
  4. Rs. 156
  5. Rs. 175.5


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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