The producer sells a good to the wholesaler at a profit of 20% and the wholesaler sells it to the retailer at a profit of 10%. What is the original price of the good (in Taka) if the retailer buys it for Tk. 244?
Created: 6 years ago |
Updated: 3 years ago
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Retailers buying price = wholesaler's selling price = tk. 244
At, 10% profit , if wholesaler's selling price is Tk.110 then buying price = Tk.100
If wholesaler's selling price is Tk. 244 then buying price = ( 100×244)/110 = Tk. 221.82
Wholesealers buying price = Proudcer selling price = Tk.221.82
At, 20% profit,
If selling price be Tk. 120 then cost price is = Tk.100
If selling price be Tk. 221.82 then cost price = ( 100×221.82) / 120 = 184.85
Md Azizur Rahman
Founder of Satt
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