Question
If the manufacturer gains 10 %, the wholesale
dealer 15 % and the retailer 25 %, then find the cost of production of a table if the retail price was Rs 1265Solution
Let the cost of Production = Rs. P
Then, as per question, `=>(125/100xx115/100xx110/100xxp)=1265`
`=>253/160p=1265` `=>p=800`
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