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A manufacturer sells an article to a wholesale dealer at a profit of 10%. The wholesale dealer sells it to a shopkeeper at 20% profit. The shopkeeper sells it to a customer for $ 56,100 at a loss of 15%. Then the cost price of the article to the manufacturer is
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- $ 25,000
- $ 10,000
- $ 50,000
- $ 55,000
Correct Option: C
Let the required cost price be $ y, then
According to question ,
y × | × | × | = 56100 | | 100 | 100 | 100 |
⇒ y × | × | × | = 56100 | | 10 | 5 | 20 |
⇒ y = | = $ 50000 | 11 × 6 × 17 |