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Question

The cost of manufacturing an article is Rs. 160. The manufacturer sells it to a dealer at a gain of 45% and the dealer sells it to the customer for Rs. 266.80. Find the dealer's percentage gain?

A
18%
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B
9%
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C
12%
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D
15%
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Solution

The correct option is D 15%

The cost of manufacturing an article is Rs. 160. The manufacturer sells it to a dealer at a gain of 45%

Then selling price =160×145100=232Rs

Dealer sell it Rs 266.80 to the customer

Profit =266.80232=34.80 RS

% of profit =34.80×100232=15%


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