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Discussion :: Profit and Loss

  1. A manufacturer sells a pair of glasses to a wholesale dealer at a profit of 18%. The wholesaler sells the same to retailer at a profit of 20%. The retailer in turn sells them to a customer for Rs. 30.09, there by earning a profit of 25%. The cost price for the manufacturer is:
    2. A.
    Rs. 15
    B.
    Rs. 16
    C.
    Rs. 17
    D.
    Rs. 18

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    Answer : Option C

    Explanation :

    Let the cost price for the manufacturer be Rs. x. Then, 125% of 120% of 118% of x = 30.09.

    125/100 * 120/100 * 118/100 * x = 3009/100

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