A medical distribution company marks up certain
medicines of the same type at 60% above the cost
price. However the company could sell only one-
fourth of the stock at this price. Two-fifths of the remaining stock was sold at a discount of 15% and the remaining at a discount of 20% find overall profit percentage in the transaction
Answers
Answer:
800 is the right answer of CP%
Answer:
The modern pharmaceutical supply chain is complex. Medicines are made from ingredients sourced from different countries. Final formulations are then exported. Packaging, repackaging, and sale can happen in many other countries. Drugs change hands many times between the manufacturer and patient; every transaction is an opportunity for falsified or substandard products to infiltrate the market. Changes to the drug distribution system could improve drug quality around the world.
This chapter gives an overview of the drug distribution chain, explaining differences between the systems in developed and developing countries. The drug wholesale system is a weak point where the licit and illicit supply chains mix. Better controls on the wholesale market could improve the security of the distribution chain. Drug tracking systems could also improve security by preventing products that leave the legitimate supply chain from returning to it. These solutions can improve drug safety as long as the supply chain does not disintegrate at the point closest to the patient. Disorganized drug markets, both real and on the internet, undermine regulatory checks on medicines distribution.