Question

the retail price of a product is ₹4200.if the manufacturer gains 12%,the wholesale dealer gains 20% and the retailer gains 25%, the cost of the product is?​

Answer 1

Answer:

2500

Explanation:

Let Cost be P

The price after 12% profit to manufacturer becomes = (1.12)P

The price after 20% gain to wholesaler becomes= (1.2)*(1.12)*P

The final price at retailer becomes = (1.25)*(1.2)*(1.12)*P

This is gives as Rs. 4200

So P = 4200 / ( 1.25*1.2*1.12)

= 2500