A soap manufacturer is capable of selling 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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Answered by
221
CP = ?
SP = Rs 6.36
VAT = 6%
Profit = 20%
SP = CP + profit amount + VAT amount = CP + 20% CP + (120% CP) * 6%
6.36 = CP [ 1 + 0.20 + 1.20 * 6 /100 ]
CP = 6.36 / 1.272 = Rs 5.00
SP = Rs 6.36
VAT = 6%
Profit = 20%
SP = CP + profit amount + VAT amount = CP + 20% CP + (120% CP) * 6%
6.36 = CP [ 1 + 0.20 + 1.20 * 6 /100 ]
CP = 6.36 / 1.272 = Rs 5.00
kvnmurty:
thanx and u r welcom sniki..
kk
Answered by
28
Answer:
Rs 5 is the answer......
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