Subject: General Aptitude · Chapter: Profit and Loss · Exam: 2007 · Marks: · Difficulty:
If the manufacturer gains 10%, the wholesale dealer 15% and the retailer 25%, then find the cost of production of a table, the retail price of which is ` 1265 ?
Answer
Answer (as printed):
Explanation
Let the cost of production of the table be ` x. Then, 125% of 115% of 110% of x = 1265 125 115 110 253 1265 × 160 ⇒ × × × x = 1265 ⇒ x = 1265 ⇒ x = = ` 800. 100 100 100 160 253 9
Explanation as extracted from the printed page; notation may be imperfect.