MCQOPTIONS
Saved Bookmarks
| 1. |
For the products to reach from producer to the customer, there are two intermediators namely distributor and retailer (in same order). Producer reaps a profit of 25% whereas the distributors and retailers charge a commission 12% and 50% of the price for which it is available to them. The customer purchases the product at M.R.P. of Rs. 42. Now online market eliminates all other intermediates and procures directly from producer (at 20% profit for producer) and sells it at 100/21% discount on M.R.P. What is the percentage commission charged by the online market? |
| A. | 66 |
| B. | 66 1/3 |
| C. | 66 2/3 |
| D. | 67 |
| E. | 67 1/3 |
| Answer» D. 67 | |