Rahul buys an article at Rs.15850 from the retailer who sells it at a profit…
2026
Rahul buys an article at Rs.15850 from the retailer who sells it at a profit of 15 %. The retailer bought it from a wholesaler who sold it at a profit of 20 %. The manufacture sold it at a profit of 30 % to the wholesaler. Find the cost price of manufacturing the article (approximately)?
- A.
8835
- B.
15000
- C.
12192
- D.
Cannot be determined
Attempted by 884 students.
Show answer & explanation
Correct answer: A
Key idea: work backwards from the final selling price using the cumulative multipliers for each profit.
Manufacturer → Wholesaler multiplier = 1 + 30% = 1.30
Wholesaler → Retailer multiplier = 1 + 20% = 1.20
Retailer → Rahul multiplier = 1 + 15% = 1.15
Cumulative multiplier = 1.30 × 1.20 × 1.15 = 1.794
Manufacturing cost = Final price ÷ cumulative multiplier = 15,850 ÷ 1.794 ≈ 8,835.6
Therefore the manufacturing cost is approximately 8,835.6. The option 8835 is the closest given value.
Forward check:
8835 × 1.30 = 11,485.5
11,485.5 × 1.20 = 13,782.6
13,782.6 × 1.15 ≈ 15,850 (matches the given final price)