# price & profit

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Last seen: 11 years 5 weeks ago
Joined: 2006-07-09

A certain manufacturer sells a product to the stockist at 10% profit. Then the stockist sells it to the dealer and the dealer to the retailer at the same margin. The retailer marks up the cost by 20% and then offers a 10% discount to the customer. If the customer bought it from the manufacturer directly(he would still keep his 10% margin) what is the percentage reduction in price that he would get in approximate terms?
a. 32.85%
b. 28%
c. 23%
d. 18%

Incognito
ans is 23%

ans is 23%

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Last seen: 9 years 20 weeks ago
Joined: 2008-05-05
ans is 23

ya ...ans. is 23

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Last seen: 8 years 30 weeks ago
Joined: 2008-07-24
ans is 23 %

23%

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Last seen: 8 years 44 weeks ago
Joined: 2008-10-17
Can anyone give the detail

Can anyone give the detail answer?
...I am getting as 18%

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