Question

12. A distributer buys some goods from a manufacturer at a discount of 20% and sell
it to a retailer at a discount of 8%. Given that the rate of tax under GST is 24% an
the GST paid by the distributor is 129.60, find the printed price of the goods.​

Answer 1

Answer:

good question keep it up good luck

Answer 2

Answer:

Let the list price of the article be Rsx

So, the retailer bought it from the wholesaler at (100−20)=80 % of x=Rs.0.8x

And the retailer sold it at (100−5)=95 % of x=Rs.0.95x

Given, 0.95x=Rs114

=>x=Rs120

So, for the retailer,

C.P..=Rs0.8x=Rs.0.8×120=Rs96

And given SP=Rs.114

=>Profit=S.P.−C.P.=Rs.114−Rs.96=Rs.18

Hence, profit % =

C.P.

S.P.−C.P.

×100=

96

18

×100=18.75 %

Step-by-step explanation:

please mark me as brainlist