Question

A company is capable of selling AC at 36400 per piece . After adding GST at the rate of 18% , still he will make a profit of 20% on the sale. what is the manufacturing cost per AC​

Answer 1

Answer:

CP = ?

SP = Rs 6.36

VAT = 6%

Profit = 20%

SP = CP + profit amount + VAT amount = CP + 20% CP + (120% CP) * 6%

6.36 = CP [ 1 + 0.20 + 1.20 * 6 /100 ]

CP = 6.36 / 1.272 = Rs 5.00

Answer 2

Step-by-step explanation:

CP = ?

SP = Rs 6.36

VAT = 6%

Profit = 20%

SP = CP + profit amount + VAT amount = CP + 20% CP+ (120% CP) * 6%

6.36 CP [1+ 0.20 + 1.20 * 6 /100 ]

CP 6.36/1.272 = Rs 5.00