On an article the manufacturer gains 10%, the wholesale dealer gain 15% and retailer gains 25%. If retail price of the article is Rs. 1,265, the production cost of it is
A. RS.800
B. Rs.850
C. Rs.900
D. Rs.950
Answer: Option A
Solution (By Examveda Team)
Let the cost of production of an electric toaster be Rs xGiven manufacturer gains 10%, wholesaler 15% and retailer 25%
Hence 125% of 115% of 110% of x = 1265
125/100 * 115/100 * 110/100 * x = 1265
∴ x = 800
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