if the manufacturer gains 10%, the wholesale dealer 15% and retailer 25% then what is the production cost a washing machine whose retail price is Rs.37950
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Step-by-step explanation:
The cost of machine is Rs. 24000.
Retail price of machine = 37950. (GIven)
Manufacturer gains 10% (GIven)
Wholesaler gain = 15% (GIven)
Retailer gain = 25% (GIven)
Let the cost of production of an electric toaster be = x
Hence 125% of 115% of 110% of x = 37950
= 125 / 100 × 115/100 × 110/ 100 × x = 37950
= 37950 × 1000000 / 125 × 115 × 110
= 24000
Therefore, the cost of machine is 24000.
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