A manufacturer sells an item to a wholesale dealer at a

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A manufacturer sells an item to a wholesale dealer at a profit of 18%. The wholesaler sells the same to a retailer at a profit of 20%. The retailer, in turn, sells it to a customer for $ 15045 thereby earning a profit of 25%. The cost price of the manufacturer is

1. $ 8000
2. $ 8500
3. $ 9000
4. $ 10000

Correct Option: B

Let Cost price for the manufacturer = Rs. y

∴ y ×		118	×	120	×	125	= 15045
		100		100		100

⇒	15045 × 1000000	= Rs. 8500
	118 × 120 × 125