railway RRB Technician Grade 3 Mock Test 2024 Quantitative Aptitude Profit and Loss Successive Selling
A manufacturer earns a profit of 10% on selling his products to a wholesale dealer. The wholesale dealer earns a profit of 15% by selling it to a retailer. The retailer, in turn, earns a profit of 25% from the customer. What is the actual cost of production of an article for which the customer pays Rs. 12,650?
1
Rs. 8,000
2
Rs. 8,500
3
Rs. 9,000
4
Rs. 7,000