Question

A wholeseller supplies few chips to a retailer every
year. Each chip costs Rs 10,000 to the wholeseller.
5% of the chips are defective and they are to be
replaced without charging anything extra. If the
wholeseller still makes a profit of 20%, at what
price is he selling it to retailer?​

Answer 1

Answer:

are you sure each chip is rs10000

Answer 2

Answer:

12,600

Step-by-step explanation:

Let No. of chips supplied = 100

For whole seller, Net CP = (10000 x 100 + 5 x 10000) = Rs 1050000

Profit=rs[10500000 multiplied by 1 by 5=210000

SP for the whole seller=12600000

SP for one chip=12,600

Thus the answer is 12,600