A manufacturer sells a product to the distributor at a 10% profit. Then the distributor sells it to the dealer and the dealer sells to the retailer at a markup of 10% and 20% respectively. The retailer markup his cost by 20% and then offers a 10% discount to the customer. If the customer had brought it from the distributor directly at the distributor selling price, then how much reduction in price would he have got w.r.t. Buying it from the retailer?
- 29.6%
- 18%
- 32%
- 22.8%
32%
22.8% answer
A manufacturer sells a product to the distributor at a 10% profit. Then the distributor sells it to the dealer and the dealer sells to the retailer at a markup of 10% and 20% respectively. The retailer markup his cost by 20% and then offers a 10% discount to the customer. If the customer had brought it from the distributor directly at the distributor selling price, then how much reduction in price would he have got w.r.t. Buying it from the retailer?
- 29.6%
- 18%
- 32%
- 22.8%
1.29.6%