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Profit and Loss Practice Test 6
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© examsnet.com
Question : 17
Total: 40
A manufacturer sells a machine to the wholesaler at a profit of 20%. The wholesaler sells it to the retailer at a profit of 10%. The retailer sells the machine to a customer for Rs 455.40 after making a profit of 15%. The cost paid by the manufacturer is:
Rs 300
Rs 296
Rs 280
Rs 260
Validate
Solution:
Manufacturer
Wholesaler
Retailer
Customer
x
x
+
20
100
×
x
=
6
5
x
6
5
x
+
6
5
x
×
10
100
=
33
25
x
33
25
x
+
33
25
x
×
15
100
=
759
500
x
Cost for the manufacturer is
=
759
500
x
=
455.40
x
=
300
© examsnet.com
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