Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

A manufacturer sells an item to a wholesale dealer at a profit of 11%. The wholesaler sells the same to a retailer at a profit of 15%. The retailer in turn sells it to a customer for ₹17,045, thereby earning a profit of 19%. The cost price of the manufacturer is (consider integral part only):

Options:

₹13,520

₹15,020

₹10,200

₹11,220

Correct Answer:

₹11,220

Explanation:

                       Manuf.                 Dealer                 Retailor              Customer

Let CP               100----11%P-----111-----15%P----127.65----10%P----151.9035

                           ⇓× 112.20                                                                    ⇓× 112.20

                      ₹11,220                                                                       17045 (Given)