A manufacturer sold an article at a profit of 4% to the wholesaler. The wholeseller sold the same at 5% profit to the retailer. If the retailer paid Rs. 273 for the articles
then the cost price of manufacturer is
O Rs. 250
O Rs. 260
O Rs. 270
O Rs. 280
Answers
Answer:
260 Rs
Step-by-step explanation:
I thought If the manufacture buy in Rs x profit 4% so sell in 104x/100
104x/100=273
x=262.5
Answer: 250
Step-by-step explanation:
Given:- Manufacture sold at a profit of 4%
Wholesaler sold at a profit of 5%
Retailer paid Rs. 273
Step 1- So For retailer cost price is =Rs. 273
Step 2- And retailer cost price is selling price For the Wholesaler = S.P = 273 rs
Profit = 5%
C.P = ?
Step 3- Here we use the formula of Cost price = 100 x S.P
100+p%
C.P = 100 x 273
100+ 5
C.P= 100/105×273
C.P = 260
And the wholesaler C.P is S.P for Manufacture =S.P= 260rs
Profit = 4%
C.P= ?
Here we use the formula of Cost price = 100 x S.P
100+p%
C.P = 100 x 260
100+ 4
C.P= 100/104×260
C.P= 26000/104
C.P= 250