A manufacturer sells article to a wholesale dealer at 25%gain. the wholesale dealer vsellsit to a retailer at 5%gain , The retailer gains 20%by selling it for ₹756.How much did the manufacturer pay for this article?
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Answer:
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.5000
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