A manufacturer sells an item to an angency at a profit of 25%. The agency sells the item to a shopkeeper at 10% profit and the shopkeeper sells the item at the profit of 20%. If the selling price of the item is ₹594. Find the manufacturing price.
Answers
Let :-
- The manufacturing cost of the items be M
Given :-
- Selling price of an item = ₹594
To Find :-
- The manufacturing cost of item = ?
Solution :-
- To solve this question at first we have to make an equation by helping clue in the question.
Calculation for manufacturer :-
CP for manufacturer :-
- CP = M. P = 25%. SP = ?
⟼ SP = (100 + P%)/100 × CP
⟼ SP = 125/100 × M
⟼ SP = 125M/100
⟼ SP = 5M/4
Calculation for Agency :-
CP for Agency :-
- P = 10% CP = 5M/4. SP = ?
⟼ SP = (100 + P%)/100 × CP
⟼ SP = (110/100) × 5M/4
⟼ SP = 11/10 × 5M/4
⟼ SP = 55M/40
Calculation for Shopkeeper :-
CP for Shopkeeper :-
- CP = 55M/40. P = 20%. SP = ?
⟼ SP = (100 + P%)/100 × CP
⟼ SP = 120/100 × 55M/40
⟼ SP = (3 × 11M)/20
⟼ SP = 33M/20
Calculation for manufacturing cost :-
- SP for Shopkeeper = 33M/20. SP = 594
⟼ 33M/20 = 594
⟼ 33M = 594 × 20
⟼ M = 18 × 20
⟼ M = ₹ 360
Hence, the manufacturing cost = ₹ 360 :-
G I V E N :
A manufacturer sells an item to an angency at a profit of 25%. The agency sells the item to a shopkeeper at 10% profit and the shopkeeper sells the item at the profit of 20%. If the selling price of the item is ₹594. Find the manufacturing price.
S O L U T I O N :
Let us assume the CP be x
CP of the customer = ₹594
SP of the shopkeeper = ₹594
Profit gained = 20%
Now, using
SP = CP + P% of CP
Putting the values we get
AGENCY
Using the same as the previous one
SP = CP + P% of CP
SP = ₹495
P% = 10%
Now, let us assume the CP for the agency be y
MANUFACTURER
SP = CP + P% of CP
Let us assume the CP for the manufacturer be z
SP = ₹450
P% = 25%
- The manufacturer's price is ₹360