Current Question
A manufacturer sells to a wholesaler at 18% profit, the wholesaler to a retailer at 20%, and the retailer to a customer at Rs. 30.09 with 25% profit. Find the manufacturer’s cost price.
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A.
Rs. 15
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B.
Rs. 16
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C.
Rs. 17
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D.
Rs. 18
Correct Answer: C
Explanation:
Reverse calculation gives CP = Rs. 17.