medium · GMAT Quant
A wholesaler sells an inventory component to a retailer at a price that is 25 percent greater than the original production cost. The retailer then sells the component to a customer at a price that is 20 percent greater than the price the retailer paid the wholesaler.
If a customer pays $180 for the component, what was the original production cost?
- $150
- $124
- $144
- $135
- $120
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