A manufacturer sells to a wholesaler at a profit of 20%. The wholesaler sells to a retailer at a profit of 25%. The retailer sells to a customer at a profit of 40%. If the customer pays Rs. 4200, find the manufacturing cost. MCQ with Answer and Explanation

A manufacturer sells to a wholesaler at a profit of 20%. The wholesaler sells to a retailer at a profit of 25%. The retailer sells to a customer at a profit of 40%. If the customer pays Rs. 4200, find the manufacturing cost.
A. Rs. 2400
B. Rs. 2200
C. Rs. 1800
D. Rs. 2000
Answer: Option D
Solution (By JKExamLibrary)
Let Manufacturing Cost = X. X * 1.20 * 1.25 * 1.40 = 4200. X * 1.50 * 1.40 = 4200. 2.10X = 4200. X = 2000.

This question belongs to: Maths Profit And Loss

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Practice More Profit And Loss Questions

Question #1 Report Error
A shopkeeper gives a discount of 20% on an article marked at Rs. 400. What is the selling price?
A. Rs. 340
B. Rs. 360
C. Rs. 300
D. Rs. 320

Correct Answer: Option D


Explanation:
SP = 400*0.8 = 320.

This question belongs to: Maths Profit And Loss
Question #2 Report Error
A shopkeeper sells a shirt for Rs. 280, gaining 40%. Find the cost price.
A. Rs. 200
B. Rs. 240
C. Rs. 180
D. Rs. 220

Correct Answer: Option A


Explanation:
CP = 280 / 1.40 = 200.

This question belongs to: Maths Profit And Loss
Question #3 Report Error
An article was sold at a 10% loss. Had it been sold for Rs. 108 more, there would have been an 8% profit. Find the cost price.
A. Rs. 700
B. Rs. 600
C. Rs. 500
D. Rs. 650

Correct Answer: Option B


Explanation:
Difference in percentage = 8% - (-10%) = 18%. 18% of Cost Price = 108. Cost Price = (108 / 18) * 100 = 600.

This question belongs to: Maths Profit And Loss