A manufacturer makes a profit of 10%, a wholesaler a profit of 15% and a retailer a profit of 20%. Find the cost of manufacturing on article if they were sold for Rs. 3036 each
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Step-by-step explanation:
Retailer profit = 3036× 20% = 3036 - 607.20 = 2428.80
wholesaler profit = 2428.80×15% = 2428.8 - 364.32 = 2064.48
manufacture profit = 2064.48×10% = 2064.48 - 206.448 =Rs. 1858.032(The cost of manufacturing on article)
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