Question

4. A shopkeeper bought a fan for 840.
(i) At what price should he sell it to make a profit of 10%?
(ii) If he makes a loss of 5% by selling it, what is the selling price?​

Answer 1

Answer:

Cost price of 15 articles =Rs. 840

Then cost price of 6 articles =

15

840×6

=Rs. 336

Sale tax paid by shopkeeper on articles =8% of 336=0.08×336=Rs. 26.88

Sale price of 6 articles =6×65=Rs. 390

Tax charge by shopkeeper =8% of 390=0.08×390=Rs. 31.20

VAT paid by shopkeeper =31.20−26.88=Rs. 4.32

Answer 2

Answer:

1. 924Rs
2. 798Rs

Step-by-step explanation:

hope this helps.