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Profit and Loss Practice Test 10
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© examsnet.com
Question : 9
Total: 28
A manufacturer sells an article to a wholesale dealer at a profit of 10%. The wholesale dealer sells it to a shopkeeper at 20% profit. The shopkeeper sells it to a customer for Rs 56.100 at a loss of 15%. Then the cost price of the article bought from the manufacturer is:
Rs 25,000
Rs 10,000
Rs 50,000
Rs 55,000
Validate
Solution:
Manufacturer
Wholesale dealer
Shopkeeper
Customer
x
x
+
10
100
x
=
11
x
10
11
x
10
+
11
x
10
×
20
100
=
33
x
25
56,100 at a loss of 15%
According to the statement,
33
x
25
−
56100
=
33
x
25
×
15
100
16
,
500
x
−
2
,
475
x
=
70
,
12
,
50
,
000
14
,
025
x
=
70
,
12
,
50
,
000
x
=
R
s
50
,
000
Cost price of an article paid by the manufacturer is equal to Rs 50,000.
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