A soap manufacturer is capable of sellin soaps at Rs 6.36 per piece after adding the VAT at the rate of 6%. Still he will make a profit of 20% on the sale. What is his manufacturing cost per soap?
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Let cost prize be x.
Now , A.T.Q
then for 20 % profit SP= x+ 20x/100 = 120x/100
VAT on Selling prize = (120x/ 100) × ( 6/100)
Total Selling prize = 120x/100 + (120x/ 100) × ( 6/100) = (120x/100)(106/100)
(106 * 120x) / 10000 = 6.36
= (6.36 * 10000)/ (106*120) = 63600/(106*120)
=Rs. 5.00
Now , A.T.Q
then for 20 % profit SP= x+ 20x/100 = 120x/100
VAT on Selling prize = (120x/ 100) × ( 6/100)
Total Selling prize = 120x/100 + (120x/ 100) × ( 6/100) = (120x/100)(106/100)
(106 * 120x) / 10000 = 6.36
= (6.36 * 10000)/ (106*120) = 63600/(106*120)
=Rs. 5.00
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