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A manufacturer sells goods at $4 per unit to stockists after
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16 May 2019, 00:10
16 May 2019, 00:10
Expert Reply
00:00
Question Stats:
84% (00:43) correct
15% (01:37) wrong based on 13 sessions
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A manufacturer sells goods at $4 per unit to stockists after a 10% profit. The stockists then sell the goods to distributors at 25% profit. The distributor adds a 20% profit on it and sells it to a retailer.
If the retailer sells the goods to the end customer at 10% profit, then what does each unit of the goods cost to a customer?
(A) 4
(B) 5
(C) 6
(D) 6.6
(E) 7
If the retailer sells the goods to the end customer at 10% profit, then what does each unit of the goods cost to a customer?
(A) 4
(B) 5
(C) 6
(D) 6.6
(E) 7
Re: A manufacturer sells goods at $4 per unit to stockists after
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16 Apr 2020, 12:49
16 Apr 2020, 12:49
Expert Reply
$4 is after adding 10% discount
So calculation is 4 x 1.25 x 1.2 x 1.1 = 6.6
So calculation is 4 x 1.25 x 1.2 x 1.1 = 6.6
gmatclubot
Re: A manufacturer sells goods at $4 per unit to stockists after [#permalink]
16 Apr 2020, 12:49
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