manufacturing price of a TV set is 12000 the company sold it to a dealer at 20% profit and the dealer sells it to a customer at 12.5% profit find the price with the customer has to pay
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Price of T.V set = Rs 12000
Profit on T.V for company = 20%
Cost price of T.V set by dealer = 12000 + 20% of 12000
= 12000 + 20/100*12000
= 12000 + 2400
= Rs 14400
The dealer sold it for a profit of 12.5%
Sold price of dealer = 14400 + 12.5% of 14400
= 14400 + 1800
= Rs 16200
Sold price of dealer = cost price of customer
Therefore
The customer has to pay = Rs 16200
Profit on T.V for company = 20%
Cost price of T.V set by dealer = 12000 + 20% of 12000
= 12000 + 20/100*12000
= 12000 + 2400
= Rs 14400
The dealer sold it for a profit of 12.5%
Sold price of dealer = 14400 + 12.5% of 14400
= 14400 + 1800
= Rs 16200
Sold price of dealer = cost price of customer
Therefore
The customer has to pay = Rs 16200
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