Profit and loss

Quantitative Aptitude (CHSL)

Title

45:30

8 of 24 completed

5 of 15 completed

38 of 100 completed

8 of 20 completed

Indian Economy - Understanding the basics of Indian economic system

A manufacturer sells an item to a wholesale dealer at a profit of 11%. The wholesaler sells the same to a retailer at a profit of

15%. The retailer in turn sells it to a customer for Rs17,045, thereby earning a profit of 19%. The cost price of the manufacturer

(consider integral part only):

This questions was previously asked in

SSC CHSL 26th May 2022 Shift-3

Rs13,520

Rs15,020

Rs10,200

Rs11,220

- The retailer sells to the customer for Rs 17,045, at a 19% profit.

- To find the retailer's cost price, use: \( \text{Cost price of retailer} = \frac{17045}{1 + 0.19} \).

- This amounts to a cost price of approximately Rs 14,325.

- The wholesaler sells to the retailer at a 15% profit.

- Use: \( \text{Cost price of wholesaler} = \frac{14325}{1 + 0.15} \).

- This gives a cost price of approximately Rs 12,452.

- The manufacturer sells to the wholesaler at an 11% profit.

- Calculate using: \( \text{Cost price of manufacturer} = \frac{12452}{1 + 0.11} \).

- The cost price is approximately Rs 11,220.

- Answer: Option 4, Rs 11,220