b) A manufacturer sells a car to a dealer at a profit of 50%, the dealer sells it to a customer at a profit of 20% and the customer sells it to a friend for Rs 288000 at a loss of 20%. Find the cost of manufacturer
Answers
Answer: Cost price of the article to the manufacture is Rs.50000.
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 tomer = 56100
According to question,
(100 + 10)/100 * (100 + 20)/100 * (100 - 15)/100 * x = 5f
110/100 * 120/100 * 85/100 * x = 56100
1.1 * 1.2 * 0.85x = 56100
x = 56100/(1.1 * 0.85 * 1.2)
x = 5000
Hence, Cost price of the article to the manufacture is Rs.50000.
Step-by-step explanation:
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.50000.