The MRP of a article is 60% above its manufacturing cost. The article is sold through a retailer, who earns 19% profit on his purchase price. What is the approx. profit percentage for the manufacturer who sells his article to the retailer? The retailer gives 15% discount on MRP.
5 1369 61b1ea7fbcb1f45db0a31608
Q:
The MRP of a article is 60% above its manufacturing cost. The article is sold through a retailer, who earns 19% profit on his purchase price. What is the approx. profit percentage for the manufacturer who sells his article to the retailer? The retailer gives 15% discount on MRP.
- 115.2%false
- 214.2%true
- 313%false
- 412.5%false
- 5Can't be determinedfalse
- Show Answer
- Workspace
- Discuss