Question

Brinda purchased 18 coats at the rate of ₹ 1500 each and sold them at a profit of 6% . If the customer is to pay sales tax at the rate of 4%, how much will one coat cost to the customer and what will be the total profit earned by Brinda after selling all coats.

Answer 1

Solution :

The cost of each coat = ₹ 1500

The total number of coat = 18

The total cost of 18 coat = ₹ 1500×18 = ₹ 27000

If Brinda sold them at profit = 6%

The amount received by Brinda
$= 27000 \: \: + \: \: 27000 \: \: \times \: \: \frac{6}{100}$

= ₹ 28620

.

If the costumer pay sale tax = 4%

so, the cost price with sale tax
$= 28620 + \frac{4}{100} \times 28620$

= ₹ 29764.80


Cost price of one coat for customer
$= \frac{29764.8}{18}$

= ₹ 1653.60


Hence,
profit earned by Brinda = ₹ 28620 - ₹ 27000 = ₹ 1620

Answer 2

Answer:

Solution :

The cost of each coat = ₹ 1500

The total number of coat = 18

The total cost of 18 coat = ₹ 1500×18 = ₹ 27000

If Brinda sold them at profit = 6%

The amount received by Brinda

$$\begin{lgathered}= 27000 \: \: + \: \: 27000 \: \: \times \: \: \frac{6}{100} \\\end{lgathered}$$

= ₹ 28620

.

If the costumer pay sale tax = 4%

so, the cost price with sale tax

$$\begin{lgathered}= 28620 + \frac{4}{100} \times 28620 \\\end{lgathered}$$

= ₹ 29764.80

Cost price of one coat for customer

$$= \frac{29764.8}{18}$$

= ₹ 1653.60

Hence,

profit earned by Brinda = ₹ 28620 - ₹ 27000 = ₹ 1620