A bicycle manufacture sell a bicycle at $1308 after adding the VAT at the rate of 9%still he makes a profit of 20% on the sell if each bicycle .What is tyhe manufacturing cost of each bicycle?
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bicycle manufacture 1308
VAT paid 9%
1308*9%=118
VAT + Bicycle.=
1308+118=1426
total prize of bicycle 1426
Each bicycle prize =
total prize of bicycle 1426-20%= 285
cost of Each bicycle =
total cost of bicycle(includeofTax)
1426-285= 1141
20% (-) Isliy huaa kyuki VAT ko Horne k bad v profit 20 % tha so
VAT paid 9%
1308*9%=118
VAT + Bicycle.=
1308+118=1426
total prize of bicycle 1426
Each bicycle prize =
total prize of bicycle 1426-20%= 285
cost of Each bicycle =
total cost of bicycle(includeofTax)
1426-285= 1141
20% (-) Isliy huaa kyuki VAT ko Horne k bad v profit 20 % tha so
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