MBA
Exam
Nokia maufactures mobile handsets and marks a price which is 8 times the manufacturing price, and prints it on the handset. They sell it to a distributor at a certain discount. The distributor then sells it to the wholesaler and offers him a discount equal to 3/4th of the discount that he received from the manufacturer. The wholesaler then sells it to the retailer at a discount equal to 2/3rd of the discount he received from the distributor. The retailer finally sells it to the customer at a discount equal to 1/2 the discount that he received from the wholesaler. If all the discounts are given on the price printed on the box and if the wholesaler made a profit of 50%, then who made the least profit? 1) Manufacturer 2) Distributor 3) Wholesaler 4) Retailer
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