Civil Service Exam Reviewer · Simple Interest and Profit/Loss · hard
A manufacturer sells a fan to a wholesaler at 25% profit, the wholesaler sells to a retailer at 25% profit, and the retailer sells to a customer at 25% profit. If the customer pays ₱781.25, how much did the fan cost the manufacturer?
- ₱400
- ₱195.31
- ₱446.43
- ₱440
Answer
A. ₱400
Solution
Cost = ₱781.25 ÷ (1.25 × 1.25 × 1.25) = ₱400.
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