a company manufacturers notepad. it makes profit of rs 18. when it sell 100 notepad to a shop. the shopkeeper, in turn, makes a profit of rs 4 by selling 50 notepads at rs 0.8 per notepad. find the cost of manufacturing 100 notepads for comapny
Answers
Given : a company manufacturers notepad. it makes profit of rs 18. when it sell 100 notepad to a shop. the shopkeeper, in turn, makes a profit of rs 4 by selling 50 notepads at rs 0.8 per notepad.
To Find : the cost of manufacturing 100 notepads for company
Solution:
shopkeeper makes a profit of rs 4 by selling 50 notepads at rs 0.8 per notepad
Selling price by shopkeeper for 50 notepads = 50 * 0.8 = Rs 40
Profit = Rs 4
Cost Price of 50 note pads for shopkeeper = 40 - 4 = Rs 36
Cost Price of 1 note pads for shopkeeper = 36/50
Cost Price of 100 note pads for shopkeeper = 100 * 36/50 = Rs 72
Cost price of shopkeeper = selling price of manufacturing company
Selling price of 100 note pads by manufacturer = Rs 72
Manufacturer profit = Rs 18
Manufacturer cost price for 100 notepad = 72 - 18 = Rs 54
cost of manufacturing 100 notepads for company = Rs 54
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