A jeweller charges 195 as making charge per gram of gold. If the cost of 1 gram of gold is 2750, then
what percentage of the price of gold is he charging for making?
Answers
Answer:
The below example can help you understand this better.
Suppose the price of gold listed by the jeweller is Rs. 27,350 for 10 grams of 22KT gold. Now, if you wish to purchase a gold chain of 9.6 grams, then price will be calculated as:
Price of 1 gram of gold = Rs 27,350 divided by 10 = Rs. 2,735
Price of 9.60 grams' gold chain = Rs 2,735 times 9.60 grams = Rs 26,256
Add making charges, suppose 10 per cent, which comes to Rs 2,625.60 (10% of Rs 26,256)
Total price of gold jewellery = Rs 28,881.60 (price of 9.60 grams gold chain plus making charges)
Add GST at 3%: Rs 866.44 (3% of Rs 28,881.60)
The final billing amount will be Rs 29,748.04 (Rs 26,256 + Rs 2,625.60 + Rs 866.44)
Step-by-step explanation:
the gold price of 5,362.5 percentage of gold