Question

manufacturer of a table sells table at 2400 at a profit of 20% if he sells at a orofit of 30% what will be the extra profit expressed as percentage total profit in the seceond case?​

Answer 1

Question

CAT 2017 - Afternoon slot - Quantitative Aptitude - Arithmetic - Profit and Loss - The manufacturer of a table

The manufacturer of a table sells it to a wholesale dealer at a profit of 10%. The wholesale dealer sells the table to a retailer at a profit of 30%. Finally, the retailer sells it to a customer at a profit of 50%. If the customer pays Rs 4290 for the table, then its manufacturing cost (in Rs) is

Answer

Option (B)

Solution

From CAT 2017 – Quantitative Aptitude – Arithmetic – Profit and Loss, we can see that,

Cost Price (CP) of manufacturer = CP

Selling Price(SP) of manufacturer = 1.1CP = CP (Dealer)

SP (Dealer) = 1.3 * 1.1 CP = CP (Retailer)

SP (Retailer) = 1.5 * 1.3 * 1.1 CP = CP (Customer)

It is given that,

1.5 * 1.3 * 1.1 CP = 4290

On solving, we get, CP = 2000

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