A wholesaler bought an item from a manufacturer for ₹ 5,000 and sold it to a retailer at 20\% profit. The retailer sold it to a customer at 10\% profi - Quantitative Aptitude MCQ SSC Selection Post 2021 Matriculation Level 2026 | ExamTest.live

easyMCQSSC Selection Post 2021 Matriculation Level2026Quantitative Aptitude

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A wholesaler bought an item from a manufacturer for ₹ 5, 000 and sold it to a retailer at 20% profit. The retailer sold it to a customer at 10% profit. If the customer buys the item from the manufacturer itself, how much money (in ₹) will he save?

Solution & Step-by-step Explanation

1. Price from Manufacturer = ₹ 5, 000 2. Wholesaler sells to Retailer at 20% profit: Price for Retailer = 5000 \times (1 + \frac{20}{100}) = 5000 \times 1.2 = 6000 3. Retailer sells to Customer at 10% profit: Price for Customer = 6000 \times (1 + \frac{10}{100}) = 6000 \times 1.1 = 6600 4. If the customer buys directly from the manufacturer, the cost would be ₹ 5, 000 . Savings = Price via middle channels - Direct Price = 6600 - 5000 = 1600

Try it yourself before checking the explanation above.

A wholesaler bought an item from a manufacturer for ₹ 5, 000 and sold it to a retailer at 20% profit. The retailer sold it to a customer at 10% profit. If the customer buys the item from the manufacturer itself, how much money (in ₹) will he save?

1,800

1,500

1,550

1,600

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