Question

3. 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 *4290 for the table, then its
manufacturing cost (in ) is
(CAT 2017)​

Answer 1

Answer:

Step-by-step explanation:

4290 =150% what about 100%

(4290*100%)/150%=2860

2860 is the cost at which the retailer bought the table.

2860 is also the amount at which the wholeseller made a profit of 30%. Lets find his buying price. 2860 =130% what about 100%

(2860*100%)/130% = 2200.

2200 is also the amount at which the manufacturer sold the table at a profit of 10%, lets find 100% which is the cost of manufacturing.

2200= 110% what about 100%

(2200*100%)/110%=2000.

2000 was the amount of manufacturing.

(I have not indicated the currency, due to diffrence on countries)