a manufacturer sells an article to awholesaler at a profit of 18%, the wholesaler sells it to a retailer at a profit of 20% .the retailer sell it to a customer at a profit of 25% . if the customer pay 30.09 for it .find the cost of the manufacturer
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method 1
let cost price be x
so manufacturer sells it to wholesaler at x + 18x/100
so wholesaler sells it to retailer at x + 18x/100 + (x + 18x/100) × 20/100
retailer sells it to customer at x + 18x/100 + (x + 18x/100) × 20/100 + [x + 18x/100 + (x + 18x/100) × 20/100] × 25/100
solving we get , x = 17 rs
method 2
let cost price be y
y × 118 / 100 × 120 /100 × 125 /100 = 30.09
solving we get ,
y = 17 rs
let cost price be x
so manufacturer sells it to wholesaler at x + 18x/100
so wholesaler sells it to retailer at x + 18x/100 + (x + 18x/100) × 20/100
retailer sells it to customer at x + 18x/100 + (x + 18x/100) × 20/100 + [x + 18x/100 + (x + 18x/100) × 20/100] × 25/100
solving we get , x = 17 rs
method 2
let cost price be y
y × 118 / 100 × 120 /100 × 125 /100 = 30.09
solving we get ,
y = 17 rs
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