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Question

A manufacturer sells a radio to a retailer at a profit of $$10\%.$$ The retailer sells it to a customer for $$Rs. 891$$ and thereby makes a profit of $$8\%.$$ Find the manufacturer's cost price of the radio.

A
$$700$$
B
$$750$$
C
$$800$$
D
$$900$$
Solution
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Correct option is B. $$750$$

Let $$x$$ be the cost of retailer

$$x[1+\dfrac{8}{100}]=891$$

$$x=825$$

Assume it $$y$$ as cost of manufacturer

$$y[1+\dfrac{1}{10}]=825$$

$$y=750$$


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