1. Sneha wants to purchase a wristwatch. She bought a wristwatch for rupees 5310. On that GST is also added of 18%. She didn't like the watch and wants to sell it again. She sold the watch at rupees 6000. (Any 4)
a. What is the amount of GST which she has to pay?
b. What is the amount of watch including GST?
c. Is it a profit or loss?
d. Find the profit or loss percent.
e. If she wants to sell the wristwatch at f profit of 20%. What will be the selling price of watch?
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Step-by-step explanation:
a. 18%of 5310= 955.8Rs
b. the total amount will be the original price of watch + GST= 5310+955.8=6265.8
c. Sneha bought the watch for Rs 6265.8 and sold it for Rs 6000
6265.8> 6000
hence it's a loss
d as it is a loss we have to find loss percent
loss%= loss/ cost price×100
loss= 265.8/6265.8× 100
= 4.24% loss
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