A mechanic bought a machine for rupees 32,500. He wants to take it outside the state in doing so 15% of state tax is charged on it .If he wants to sell it their, at what price should he sell it to gain 20%?
Answers
Answered by
3
Answer:
I think it is 33700 please do verify later
Step-by-step explanation:
15/100
Answered by
16
Answer:
15% tax on 32500=32500×15÷100=4875
So the man has spent 32500+4875=37375
Now he wants 20% gain
For a price of 100 if he wants 20% gain, then he has to sell at a price of 120
So for 37375 if he wants 20% gain then he has to sell at 37375×120÷100=44850 Ans
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