A shopkeeper purchases an audio system for 4000 and sells it off at a gain of 15%. He also charges GST of 12% on the selling price. Find the amount a customer has to pay for buying the audio system.
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Answer:
We know, C.P. = 5000
S.P. = 4000
Loss = 5000 - 4000 = 1000
\begin{aligned}
Loss\% = \left( \frac{Loss}{Cost} * 100 \right)\% \\
= \left( \frac{1000}{5000} * 100 \right)\% = 20\%
\end{aligned}
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