Question

29. A wholesaler buys motorcycles and sells them
to stockists at a 12% profit. The stockists sells
motorcycles to retailers at a 15% profit
. A retaile
marks up his cost price by 25% and then offers
15% discount. If a customer buys a motorcycle for
*65.688. what price had the wholesaler paid for it?
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Answer 1

Answer:

The stockists sell the motorcycles to retailers at a \( 15 \% \) profit. A retailer marks up his cost price by \( 25 \% \)