Question

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

A
Rs. 2,700
B
Rs. 2,250
C
Rs. 2,400
D
Rs. 2,475

Solution

The correct option is B Rs. 2,250solution: let  $$x$$ be the price which wholesaler getslet $$y$$ be the price for which wholesaler sells and let y be the $$x +.20 x = y(---i)$$$$y + .25 y = 3375 ---(ii)$$from equation 2nd we get $$1.25 y =33754y =$$ \dfrac{3375}{1.25}y = 2700$$putting y in equation 1 we get$$1.20 x = 2700x = \dfrac{2700}{1.20}x = 2250hence the correct option : BMathematics

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