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A manufacturer sells an article to a wholesale dealer at a profit of 10%. The wholesale dealer sells it to a shopkeeper at 20% profit. The shopkeeper sells it to a customer for Rs. 56,100 at a loss of 15%. Then the cost price of the article to the manufacturer is
  • a)
    Rs. 25,000
  • b)
    Rs. 10,000 
  • c)
    Rs. 50,000
  • d)
    Rs. 55,000
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
A manufacturer sells an article to a wholesale dealer at a profit of 1...
**Solution:**

Let's assume the cost price of the article to the manufacturer is Rs. x.

**Profit of the manufacturer:**
The manufacturer sells the article to the wholesale dealer at a profit of 10%. So, the selling price for the wholesale dealer is Rs. 1.1x.

**Profit of the wholesale dealer:**
The wholesale dealer sells the article to the shopkeeper at a profit of 20%. So, the selling price for the shopkeeper is Rs. 1.2 * (1.1x) = 1.32x.

**Loss of the shopkeeper:**
The shopkeeper sells the article to the customer at a loss of 15%. So, the selling price for the customer is 0.85 * (1.32x) = 1.122x.

Given that the selling price to the customer is Rs. 56,100, we can equate it to 1.122x and solve for x.

1.122x = 56100

Dividing both sides by 1.122, we get:

x = 56100 / 1.122

x ≈ Rs. 50000

Therefore, the cost price of the article to the manufacturer is Rs. 50,000. Hence, option C is the correct answer.
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A manufacturer sells an article to a wholesale dealer at a profit of 10%. The wholesale dealer sells it to a shopkeeper at 20% profit. The shopkeeper sells it to a customer for Rs. 56,100 at a loss of 15%. Then the cost price of the article to the manufacturer isa)Rs. 25,000b)Rs. 10,000c)Rs. 50,000d)Rs. 55,000Correct answer is option 'C'. Can you explain this answer?
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A manufacturer sells an article to a wholesale dealer at a profit of 10%. The wholesale dealer sells it to a shopkeeper at 20% profit. The shopkeeper sells it to a customer for Rs. 56,100 at a loss of 15%. Then the cost price of the article to the manufacturer isa)Rs. 25,000b)Rs. 10,000c)Rs. 50,000d)Rs. 55,000Correct answer is option 'C'. Can you explain this answer? for SSC CGL 2024 is part of SSC CGL preparation. The Question and answers have been prepared according to the SSC CGL exam syllabus. Information about A manufacturer sells an article to a wholesale dealer at a profit of 10%. The wholesale dealer sells it to a shopkeeper at 20% profit. The shopkeeper sells it to a customer for Rs. 56,100 at a loss of 15%. Then the cost price of the article to the manufacturer isa)Rs. 25,000b)Rs. 10,000c)Rs. 50,000d)Rs. 55,000Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for SSC CGL 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A manufacturer sells an article to a wholesale dealer at a profit of 10%. The wholesale dealer sells it to a shopkeeper at 20% profit. The shopkeeper sells it to a customer for Rs. 56,100 at a loss of 15%. Then the cost price of the article to the manufacturer isa)Rs. 25,000b)Rs. 10,000c)Rs. 50,000d)Rs. 55,000Correct answer is option 'C'. Can you explain this answer?.
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