A manufacturer sells the product to a wholesaler at 6 profit the wholesaler sells the product to a r...........

Quantitative Aptitude (CPO) Profit and loss

A manufacturer sells the product to a wholesaler at 6% profit, the wholesaler sells the product to a retailer at 8% profit and the retailer

sells the product to his customer at 10% profit. The price paid by the customer is Rs 31,482. The cost of the product to the

manufacturer is:

This questions was previously asked in

SSC CPO 14th-March-2019-Shift-1

Rs 26,524

Rs 28,306

Rs 25,000

Rs 26,980

- The customer buys the product for Rs 31,482, which includes a 10% profit from the retailer.

- To find the retailer's cost, divide the customer price by 1.10: \(31,482 / 1.10 = Rs 28,620\).

- The retailer bought it from the wholesaler, who sold with an 8% profit.

- To find the wholesaler's cost, divide the retailer's cost by 1.08: \(28,620 / 1.08 = Rs 26,500\).

- The wholesaler bought it from the manufacturer, who sold with a 6% profit.

- To find the manufacturer's cost, divide the wholesaler's cost by 1.06: \(26,500 / 1.06 ˜ Rs 25,000\).

- Correct Answer: Option 3 - Rs 25,000

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