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If the manufacturer gains 10%, the wholesaler gains 15%, and the retailer gains 28%, then find the cost of production of a table (in ₹), whose re
Question

If the manufacturer gains 10%, the wholesaler gains 15%, and the retailer gains 28%, then find the cost of production of a table (in ₹), whose retail price for the customer is ₹75,900. (NOTE: Manufacturer sells to wholesaler, wholesaler sells to retailer and retailer sells to customers.)​

A.

60,000

B.

53,906.25

C.

46,875

D.

51,562.5

Correct option is C

Given:

Retail price = ₹75,900

Retailer gain = 28%

Wholesaler gain = 15%

Manufacturer gain = 10%

Formula Used: 

SP = CP ×(1+profit %100)\times (1+\frac{\text{profit \%}}{100})​​

Solution:

Retail price for customer = ₹75900

Now, 

Production cost = 75900×100128×100115×10011075900 \times \frac{100}{128}\times \frac{100}{115}\times \frac{100}{110} 

= ₹46875

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