Subject: General Aptitude · Chapter: Profit and Loss · Exam: 2010 · Marks: · Difficulty:
A manufacturer sold a machine to a wholesale dealer at a profit of 10\%. The wholesale dealer sold it to a retailer at a profit of 20\%. While transporting some defect occurred in the machine and hence the retailer sold it at a loss of 5\%. The customer paid ₹ 627. Find the cost of the machine for the manufacturer.
(a)₹ 500
(b)₹ 534
(c)₹ 600
(d)₹ 672
Answer
Answer (as printed): A
Explanation
Let the C.P. for the manufacturer be ₹ $x$. Then, 95\% of 120\% of 110\% of $x=627$ $$\Rightarrow \frac{95}{100} \times \frac{120}{100} \times \frac{110}{100} \times x=627 \Rightarrow x=500 .$$
Explanation as extracted from the printed page; notation may be imperfect.