A retailer cheats his wholesaler and customer both. He purchases $19 %$ more from the wholesaler and sells $15 %$ less while selling to its customer. What is profit percentage by selling the goods at cost price?

Open in App

Solution

Total profit percentage $= (119 \times \frac{100}{85}) - 100 = \frac{3400}{85} = 40 %$

Suggest Corrections

Similar questions

Q. 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?

Q. A manufacturer sells an article to a wholesaler at a profit of

18 %

the wholesaler sells it to a retailer at a profit of

20 %

. The retailer sells it to a customer at a profit of

25 %

. If the customer pays

R S 30.09

for it, find the cost of the manufacturer.

Q. A wholesaler sells his goods at profit of 20% to a retailer. A retailer sells goods at a profit of 25% on Rs. 3,375. The cost price of goods for the wholesaler was

Q. A wholesaler allows a discount of 20% on the list price to a retailer who sells it at 5% discount on the list price. If a customer paid Rs. 114 for an article, what profit is made by the retailer? Find, also the retailer's percentage profit on his cost.

A manufacturer produces a good and sells it to a wholesaler at a price of Rs.500 and wholesaler sells it to retailer at a price of Rs.600. The retailer sells it to the customer at a price of Rs.800. If the sales tax charged is $R s 5 %$ . Find the total tax charged by the government under VAT.

Join BYJU'S Learning Program

A retailer cheats his wholesaler and customer both. He purchases 19% more from the wholesaler and sells 15% less while selling to its customer. What is profit percentage by selling the goods at cost price?

Total profit percentage =(119×10085)−100=340085=40%

A retailer cheats his wholesaler and customer both. He purchases $19 %$ more from the wholesaler and sells $15 %$ less while selling to its customer. What is profit percentage by selling the goods at cost price?

Total profit percentage $= (119 \times \frac{100}{85}) - 100 = \frac{3400}{85} = 40 %$