Question

a bicycle manufacturer sells a bicycle at rupees 1308 after adding the VAT at the rate of9% still he makes a profit of 20% on the sale of each bicycle what is the manufacturing cost of each bicycle

Answer 1

your answer is given here

Answer 2

Answer:

x+9% of x=1308

=>x+9/100 × X=1308

=>x+9x/100=1308

=>109x/100=1308

=>109x=1308×100

=>x=1308×100/109

=rs 1200

now,

c.p=100/100+gain%×S.P

=100/100+20×1200

=100/120×1200

=100×10

=₹1000