Find the buying price when 5%ST is added on the purchase of a towel at Rs 50.
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Hi ,
buying price = ( selling price × 100 )/ ( 100 - ST)
= ( 50 × 100 ) / ( 100 - 5 )
= ( 50 × 100 ) / 95
= Rs 52.63
I hope this helps you.
:)
buying price = ( selling price × 100 )/ ( 100 - ST)
= ( 50 × 100 ) / ( 100 - 5 )
= ( 50 × 100 ) / 95
= Rs 52.63
I hope this helps you.
:)
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