Question

7) A factory sells coir foam mattresses to an agent at a profit of 20%. The agent again sells it at wholesale rate to a shopkeeper at a profit of 10%. The shopkeeper sells it at a retail price, 1 making a profit of 12-%. Find: 2. (i) The wholesale price of the mattress, which costs the manufacturer 1500. (ii) The retail price of the same mattress. (iii) The percentage of profit the manufacturer would make, if he sells a mattress to the customer directly, at the shopkeeper's rate.​

Answer 1

Answer:

Manufacturer sell mattresses at profit =20•/•

Profit of manfacrurer. = 20/100 ×1500

=Rs 300

Total price. = 300+1500

= Rs 1800

Manufacturer sells to agent at= Rs 1800

profit of agent. =10•/•

amount of profit. =10/100×1800

=Rs 180

Wholesale price of mattresse = 1500+300+180

=Rs 1900

Agent sells to shopkeeper at = Rs 1900

profit of shopkeeper. =12.5•/•

amount of profit. = 12.5/100×1900

= Rs 237.5

Retail price. =1900+237.5

=Rs 2137.5

Total profit if manufacturer directly sells

at shpkeeper's rate. =300+180+237.5

=Rs 717.5

profit percentage. =717.5/2137.5×100

= 33.3•/•

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Answer 2

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