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?
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 =266.80−232=34.80 RS
% of profit =34.80×100232=15%