Question

the cost of manufacturing an item was ₹24,000, and 20% of it was spent on packaging and its shipment to a retailer. the manufacturer made a profit of 50%, while the retailer incurred a loss of 20% in selling it to a customer. at what price (in ₹) was the item sold by the retailer?​

Answer 1

Answer:

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Step-by-step explanation:

manufacturing cost = 24000

packing and shipment cost = 20% of 24000

=4800+24000=28800

manufacturer profit =50% of 28800

= 14400+28800

= 43200

retailer loss =20% of 43200

= 43200-8640

=34560

item sold by the retailer at the rate of (in rupees)= 34560/-