if manufacture gain 10% ,the wholesaler gain 15 % and reataler gain 25% hence what is cost of production when retail price is 1265?
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Given :
- If manufacture gain 10% ,the wholesaler gain 15 % and reataler gain 25%
To find :
- what is cost of production when retail price is 1265
Solution :
let cost of production be Rs x
Then,
==> x x 110/100 x 115/100 x 125/100 = 1265
==> x x 11/10 x 23/20 x 5/4 = 1265
==> 11 x 23 x 5 x x = 1265 x 800
==> x = 1265 x 800/11 x 23 x 5 = 800
∴ Hence cost of production is 800 Rs
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