Question

If the manufacturer gains 10%, the wholesale dealer 15% and the retailer 25%, then find the cost(in Rs.) of production of a table, the retail price of which is Rs. 1265 ?

• A. 600
• B. 800
• C. 700
• D. 900

Answer 1

The correct option is B 800

Let the cost of production=x
Then according to the question
$\Rightarrow \frac{125}{100}\times \frac{115}{100}\times \frac{110}{100}\times x=1265$
$\Rightarrow \frac{253x}{160}=1265$
$\Rightarrow x=800$