A manufacturer sells a machine to the wholeseller
at a profit of 20%. The wholeseller sells it to the
retailer at the profit of 10%. The retailer sells the
machine to a customer for 455. 40 after making
a profit of 15% .The cost of the manufacturer is
(a) * 300
(b) 296
(c) 280
(d) 260
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Answer:
a
Step-by-step explanation:
let the cost of production be 100
20% profit = 120
10% profit = 132
15% profit = 151.8
so,
455.4 / 1.518 = 300
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