A shopkeeper bought an electric fan for Rs 1600 and fixed its price 25% above the cost price . He then allows 10% discount . How much should coustomer pay for iy with 10% VAT .
( pls give correct answer , if you put answer of another qs than i will report it )
Answers
Answer:
1800/-
Step-by-step explanation:
1600's 25% is400
he sold it for2000/-
by discount the costumer get in 2000's 10% is 200
There for coustomer buy it for 1800/-
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Answer:
this is the now you can solve it
Cost Price: The price at which an article is bought or purchased is called its cost price. (C.P.)
Selling Price: The price at which an article is sold is called its selling price. (S.P.)
Profit: When an article is sold for more than what it costs, we say that there is a ‘profit’ or gain.
Loss: When an article is sold for less than what it costs , we say that there is a ‘loss’.
When the selling price is equal to the cost price, then there is neither profit nor loss.
We recall a few important facts below:
Profit = Selling Price – Cost Price
Loss = Cost Price – Selling Price
Cost Price = Selling Price – Profit or, Selling Price + Loss
Selling Price = Cost Price + Profit or, Cost Price – Loss
Profit or Loss per cent =
\dfrac{Total \hspace{1mm} profit/loss}{cost \hspace{1mm} price} \times 100
Caution: Profit or loss per cent is never calculated on the number of items sold, but on the cost prices of the items.
In calculating any percentage change, the increase or decrease is expressed as a percentage of the first value. Buying comes before selling , thus, profit or loss is expressed as a percentage of the buying price ( i.e., the cost price ) and not of the selling price.
Overheads – If there are some additional expenses incurred on the transportation , repair etc of an article purchased, they are included in the C.P. of the article and are called ‘overheads’.
Step-by-step explanation:
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