Question:

A certain manufacturer sells an item to the whole seller at a profit of \(20\%\) of the cost price. The whole seller sells the item further to the retailer at a profit of \(20\%\) of his cost price. If the retailer sells the item further to the consumer at a profit of \(20\%\), then the buying price for the consumer is what percentage above the cost price of the manufacturer?

Updated On: Oct 22, 2024
  • 60
  • 62.8
  • 68.2
  • 72.8
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The Correct Option is D

Solution and Explanation

The correct answer is (D): 72.8
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