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Question
The manufacturer of a table sells it to a wholesale dealer at a profit of 10%. The wholesale dealer sells the table to a retailer at a profit of 30%. Finally, the retailer sells it to a customer at a profit of 50%. If the customer pays Rs. 4290 for the table, then its manufacturing cost (in Rs) is
The manufacturer of a table sells it to a wholesale dealer at a profit of 10%. The wholesale dealer sells the table to a retailer at a profit of 30%. Finally, the retailer sells it to a customer at a profit of 50%. If the customer pays Rs. 4290 for the table, then its manufacturing cost (in Rs) is
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Solution
The correct option is B 2000
Let manufacturing price of the table be Rs ‘a’. According to question,
Cost to the customer = a x 1.1 x 1.3 x 1.5 = 4290
Manufacturing cost = a = 4290(1.1×1.3×1.5) = Rs 2000.
2000
Let manufacturing price of the table be Rs ‘a’. According to question,
Cost to the customer = a x 1.1 x 1.3 x 1.5 = 4290
Manufacturing cost = a = 4290(1.1×1.3×1.5) = Rs 2000.
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