If the manufacturer gains 10%, the wholesale dealer 15%, and the retailer 25% then what is the production cost of a washing machine whose retail price is Rs.37950?
Let the CP of the machine be x
If the manufacturer gains 10%, then
SP for the manufacturer =(100%+10%) of x=110%x
If the wholesaler gains 15%, then
SP for the wholesaler =(100%+15%) of 110%x=115%×110%x
If the retailer gains 25%, then
SP for the retailer =(100%+25%) of (115%×110%x)=125%×115%×110%x
According to the question,
⇒125%×115%×110%x=37950
⇒125100×115100×110100×x=37950
⇒x=37950×100000125×115×110
⇒x=24000