A manufacturer sells a pair of glasses to a wholesale dealer at a profit of 18%. The wholesaler sells the same to retailer at a profit of 20%. The retailer in turn sells them to a customer for Rs. 30.09, there by earning a profit of 25%. The cost price for the manufacturer is:________?

A. Rs. 15
B. Rs. 16
C. Rs. 17
D. Rs. 18

Explanation:

Let the cost price for the manufacturer be Rs. x. Then, 125% of 120% of 118% of x = 30.09.

125/100 * 120/100 * 118/100 * x = 3009/100
177/100 x = 3009/100 => x = 17

Correct Answer: Rs. 17 ✔

Last Updated: February 16, 2022