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Question 82
A wholesaler sells a jacket to a retailer at a profit of 5% and the retailer sells it to a customer at a profit of 10%. If the customer pays Rs. 4158, what had it cost (in Rs) to the wholesaler?
Solution
$$\frac{110}{100} \times \frac{105}{100} \times CP = 4158$$
$$\frac{11550}{10000} \times CP = 4158$$
$$CP = 3600$$
So the answer is option D.
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