A manufacturer sells an article to a wholesale dealer at a profit of 20% and the wholesale
dealer sells it to a retail merchant at a loss of 5%. Find the resultant profit or loss%
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Answer:
Cost price of the article to the manufacture is Rs.50000.
Step-by-step explanation:
Since we have given that
Let the cost price of the article to the manufacture be x
Profit percentage when manufacture sells to a wholesaler = 105
Profit percentage when whole saler sells to a shopkeeper = 20%
Loss percentage when the shopkeeper sells to a shopkeeper = 15%
Total amount paid by a customer = 56100
According to question,
Hence, Cost price of the article to the manufacture is Rs.50000.
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