Question

le buy each radio?
14. a) A wholesaler purchased an electric item for Rs 2,700 and sold to retailer at
10% profit. The retailer sold it at 20% profit to a consumer. How much did the
consumer pay for it.

Answer 1

Answer:

3564 rs

Step-by-step explanation:

Intial price = 2700

final price will be => 110% of intial price + 120 % of 110% price

Means

=> 2700×110/100×120/100

=> 27×11×12

=> 3564 rs

it is a successive profit

Answer 2

Answer:

c. p. for wholesaler= ₹2700

profit =10%=10/100×2700= ₹270

so, S. p. for wholesaler = ₹2700+270=₹2970

S. p for wholesaler= c. p. for retailer = ₹2970

Profit=20%= 20/100×2970= ₹594

so, S.p. for consumer = 2970+594= ₹3564