A wholesaler sells a watch to a retailer at a profit of 33% and the retailer sells it to a customer at a loss of 20%. If the customer pays Rs 2,181.2, what had it cost the wholesaler?
A) Rs 2050 B) Rs 2320 C) Rs 2712 D) Rs 1780
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Answer:
Rs2050
Step-by-step explanation:
To get how much the retailer paid for it(by cross multiplication)
80%=2181.2
100%= 2181.2*100/80
=2726.5
To get how much it cost the wholesaler
133%=2726.5
100%=2726.5*100/133
=2050
Hope it helps
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