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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
is
(consider integral part only):
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: Cost price of retailer=170451+0.19.
- This amounts to a cost price of approximately Rs 14,325.
- The wholesaler sells to the retailer at a 15% profit.
- Use: Cost price of wholesaler=143251+0.15.
- This gives a cost price of approximately Rs 12,452.
- The manufacturer sells to the wholesaler at an 11% profit.
- Calculate using: Cost price of manufacturer=124521+0.11.
- The cost price is approximately Rs 11,220.
- Answer: Option 4, Rs 11,220
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