Question
Quantitative Aptitude Question on Percentage
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?
A
60
B
62.8
C
68.2
D
72.8
Answer
72.8
Explanation
Solution
The correct answer is (D): 72.8