A medicine manufacturer in rajasthan sold goods costing 4060000 to dealer in the same state of a profit of 25% on cost less 12% discount if the rate of both cgst and sgst is 6% each find the cost price of the goods for the dealers
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Step-by-step explanation:
Raw material cost is basis of net rate calculation. are calculated by following formulas:
Total Cost = Manufacturing cost + Packing Material Cost + Taxes + Transportation + Promotion Material + Expenses.
Net Rate = Total cost X percentage of margin.
I hope it will help you
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