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?

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? Correct Answer 184.85

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
Bissoy MCQ

Related Questions

A wholesaler sells goods to a retailer at a profit of 20%. The retailer sells to the customer.who pays 80% more than the cost of the wholesaler. What is the retailer's profit?
A wholesaler sells goods to a retailer at a profit of 20%. The retailer sells to the customer, who pays 80% more than the cost of the wholesaler. What is the retailer's profit?
A wholesaler sells goods to a retailer at a profit of 20%. The retailer sells to the customer who pays 80% more than the cost of the wholesaler. What is the retailer's profit?
The price of each mango is 65 taka and the price of each guava is 45 taka. Aslam buys total to mangoes and guavas at an average price of 56 taka. How many mangoes must Aslam put back and replace with guavas so that the average price of the pieces of fruit that he keeps is 52 taka?
A wholesaler sells goods to a retailer at a profit of 20% . The retailer sells to the customer , who pay 80% more than the cost of the wholesaler . what is the retailer's porfit?
Ratan and Moinul have started a business investing taka 2.5 million and 3.5 million respectively. After 4 months Ratan gave in 5 lakh taka more while Moinul withdrew 5 lakh taka. If the year ending profit is 12.92 million taka what will be the profit share of Moinul in million taka?
Given figures showing : Sales Taka 8,200, Opening inventory Taka 1,300, Closing inventory Taka 900, Purchases Taka 6+,400, Carriage inwards Taka 200, the cost of goods sold figure is :
A wholesaler sells goods a retailer at a profit of 20%. The retailer sells to the customer, who pays 80% more than of the wholesaler. What is the retailers profit?
If taka 45000 was invested in a share when the price per share was taka 90 and taka 3000 was invested when the price per share was taka 60, what was the average price per share purchased?
Idark buys 80 kg sugar at Taka 40 per kg and 40 kg rice at Taka 50 per kg. At what price approximately in taka per kg of rice and sugar should he sell to make a profit of 10% on cost?