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CBSE Class 7 Answered

Respected sir/mam, I am unable to understand this question, kindly can you please explain: "A manufacturer sells an item to an agency at a profit of 25%. The agency sells  the item to shopkeeper at 10% profit and shopkeeper sells the item at a profit of 20%. If the selling price of the item is Rs. 594 find the manufacturing price."
Asked by ranksahoo | 25 Jan, 2018, 08:20: PM
answered-by-expert Expert Answer
begin mathsize 16px style Selling space price space is space 594 rs profit space for space Shopkeeper space is space space 20 percent sign now space CP space for space Shop space keeper straight P percent sign equals fraction numerator SP minus CP over denominator CP end fraction cross times 100 20 equals fraction numerator 594 minus CP over denominator CP end fraction cross times 100 CP equals 495 space rs this space CP space is space SP space for space agency for space agency SP equals 495 straight P percent sign equals 10 percent sign straight P percent sign equals fraction numerator SP minus CP over denominator CP end fraction cross times 100 CP equals 450 this space is space SP thin space for space Manufacturer SP equals 450 straight P percent sign equals 25 straight P percent sign equals fraction numerator SP minus CP over denominator CP end fraction cross times 100 CP equals 360........ manufacturing space cost end style
Answered by Arun | 26 Jan, 2018, 09:32: PM

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