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  1. If a manufacturer gains 10 percent, wholesaler 15 percent and retailer 25 percent, then the production cost of an article, whose retail price is $ 1,265, is
    1. $ 700
    2. $ 750
    3. $ 800
    4. $ 900
Correct Option: C

Here , retail price = $ 1,265
According to question ,


Production cost = 1265 ×
100
×
100
×
100
( 100 + 25 )( 100 + 15 )( 100 + 10 )

Production cost = 1265 ×
100
×
100
×
100
= $ 800
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