If the manufacturer gains 10%, the wholesale dealer 15% and the retailer 25%, then the cost of production of an article whose retail price is Rs.1265. is:

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INSURANCE EXAMS (NICL) 2013 click here to view all questions

If the manufacturer gains 10%, the wholesale dealer 15% and the retailer 25%, then the cost of production of an article whose retail price is Rs.1265. is:

ARs.632.50

BRs.800

CRs.814

DRs.834.34

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Correct answer is: Rs.800 Explanation: C.P. of article $=1265\times \frac{100}{110}\times \frac{100}{115}\times \frac{100}{125}$ $=\text{Rs. 800}$ Nithin ? answered Aug 11 '2022 at 19:25 All Comments

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