Math, asked by mariamahmed1997, 7 months ago

A car manufacturer sells a car to
dealer for 20% profit, who in turn
sells it to a retailer for a 15% profit.
The retailer sells it to a customer for
10% loss. The customer pays $6210
for the car
What is the
manufacturer's profit on the car?

Answers

Answered by vinuevarghese
0

Answer:

Step-by-step explanation:

Let the cost price of car for the manufacturer = X

Selling price of manufacturer to dealer = X + 20%

= 1.2X

Selling price of Dealer to Retailer = 1.15 (1.2X)

= 1.38X

Selling price retailer to customer = $ 6,210.00

= 1.38X - (1.38X x 10/100)

= 1.38X - 13.8X/100

=1.38X-.138X

=1.242X

ie 1.242X = 6210

Therefore X = 6210/1.242

=$ 5,000.00

Therefore manufacturer profit = 20% of $ 5000

= $ 1,000.00

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