A man paid Rs.3390 for an article after levying 13% VAT. Find the selling price of the
article:
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Answer:
12.5%
Step-by-step explanation:
Cost price = Rs. 280
Other expenses = Rs. 20
Total Cost =280+20=300
Selling Price = Rs. 337.50
Profit =337.50−300=37.50
Profit %=
300/37.5 ×100=12.5%
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