Question
A manufacturer earns a profit of 10% on selling his
products to a wholesale dealer. The wholesale dealer earns a profit of 15% by selling it to a retailer. The retailer, in turn, earns a profit of 25% from the customer. What is the actual cost of production of an article for which the customer pays ₹12,650?Solution
Let the cost price of production of an article = x According to question, 110% of 115% of 125% of x = 12650 On solving equation, 253x /160 = 12650 x = 12650 x 160/253 x = 50 x 160 = Rs. 8000 Hence, the cost price of production of an article = Rs. 8000
Dokriani Glacier is located:
Which of the following methods can be used to control excess demand in the economy?
Which of the following is not a feature of capitalist economy?
When is World Tourism Day celebrated every year?
Where was the first International Dairy Federation Asia-Pacific Summit held?
Which of the following is the largest gland in the human body and plays a crucial role in metabolism, detoxification, and the production of important bi...
With which international organization has the Deendayal Antyodaya Yojana-National Urban Livelihoods Mission (DAY-NULM) collaborated to empower women in ...
Until what year has the Indian government extended the "Samarth" scheme for capacity building in the textiles sector?
Consider the statements about Bobbili veena:
1. Livelihoods of craftsmen face challenges due to a lack of required patronage from government.
...Under the PRASHAD Scheme, what does the letter "R" stand for?
Relevant for Exams:
