If the Manufacturer gains 10% the wholesaler gains 15% and the retailer gains 25% what is the cost of production of the goods if the retail price is RS. 1265?
Answer (1)
2nd Nov, 2020
Hello aspirant,
If the manufacturer gains 10%, the wholesaler gains 15% and the retailer gains 25%, then the cost of the production of the goods if the retail price is Rs.1265 will be Rs.800.
This is because of the following step I've mentioned-
C.P. of the article= 1265* (100/110)*(100/115)*(100/125)= Rs.800
Hope, this answer helps you.
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