A product costs a company Rs 64 to manufacture, and it sold the product to a dealer for Rs 80, who in turn sold it to a shopkeeper for Rs 98, who sold to a customer for Rs 120.
2. In the Previous question who got the highest profit by selling the Product?
d) all of three got the same profit
Answer to 2 should be "B" because profit, not profit percent, is asked.
Company's profit= 80-64=16
Dealers's profit= 98-80=18
Shopkeeper's profit= 120-98=22
Get the best GMAT Prep Resources with GMAT Club Premium Membership