The Maximum Retail Price (MRP) of a product is 55% above its manufacturing cost. The product is sold through a retailer,

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Q 2275678566.     The Maximum Retail Price (MRP) of a product is 55% above its manufacturing cost. The product is sold through a retailer, who earns 23% profit on his purchase price. What is the profit percentage (expressed in nearest integer) for the manufacturer who sells his product to the retailer? The retailer gives 10% discount on MRP.
IBPS-PO 2017 Mock Mains
A

31%

B

22%

C

15%

D

13%

E

11%

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Solution
(Provided By a Student and Checked/Corrected by EXXAMM.com Team)

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