Q.17 A factory sells coir foam mattress to an agent at a profit of 20% The agent again sell it at wholesale rate to a shopkeeper at a profit of 10% . The Shopkeeper sells it at a retail price , making a profit of 12.5% Find:
(i) The wholesale price of the mattress , which costs the manufacturer Rs 1500;
(ii) The retail price of the same mattress
(iii) The %age of profit the manufacturer would make , if he sells a mattress to the customer directly at the shopkeeper's rate
Q.18 A sells some articles to B at a profit of 5% , B Sells the same to C at a profit of 20% and C sells them to D at a profit of 25% . What would A's %age of profit be, if he sold the articles directly to D , at the price D paid for them?
Here is the solution of question 17. If you want the answer to question number 18, please ask it in a separate thread, so that we can provide you with meaningful help.
Solution 17)
Manufacturer sell mattresses at profit =20•/•
Profit of manufacturer. = (20/100) ×1500
=Rs 300
Total price. = 300+1500
= Rs 1800
Manufacturer sells to agent at= Rs 1800
profit of agent. =10•/•
amount of profit. =(10/100)×1800
=Rs 180
Wholesale price of mattresse = 1500+300+180
=Rs 1900
Agent sells to shopkeeper at = Rs 1900
profit of shopkeeper. =12.5•/•
amount of profit. = (12.5/100)×1900
= Rs 237.5
Retail price. =1900+237.5
=Rs 2137.5
Total profit if manufacturer directly sells
at shpkeeper's rate. =300+180+237.5
=Rs 717.5
profit percentage. =(717.5/2137.5)×100
= 33.3•/•
Hope this helps!
Solution 17)
Manufacturer sell mattresses at profit =20•/•
Profit of manufacturer. = (20/100) ×1500
=Rs 300
Total price. = 300+1500
= Rs 1800
Manufacturer sells to agent at= Rs 1800
profit of agent. =10•/•
amount of profit. =(10/100)×1800
=Rs 180
Wholesale price of mattresse = 1500+300+180
=Rs 1900
Agent sells to shopkeeper at = Rs 1900
profit of shopkeeper. =12.5•/•
amount of profit. = (12.5/100)×1900
= Rs 237.5
Retail price. =1900+237.5
=Rs 2137.5
Total profit if manufacturer directly sells
at shpkeeper's rate. =300+180+237.5
=Rs 717.5
profit percentage. =(717.5/2137.5)×100
= 33.3•/•
Hope this helps!