hindu purchased 18 shirt at the rate of rupees thousand each and sold them at a profit of 25% if customer has to pay sales tax at the rate of 20% then find how much one should will cost to the customer and what will be the total on
Answers
Answer:
Step-by-step explanation:
Purchasing price of single shirt = 1000
The shopkeeper wanted to take profit = 35 %
SO
According to him the selling price = 1000 + 35 % of 1000
= 1000 +
35(1000/100)
350 = 1350
The profit of seller = 1350 - 1000 = 350 For 18 shirts total profit of seller =
350(18) =
= 6300
If the customer has to pay Tax = 20% The Selling price of shirt further increase 20% of 1350
=
20(1350/100) = 270
SO after implementation of 20 % tax the selling price = 1350 + 270 = 1620
Thus
The final selling price of single shirt for customer = 1620
Answer:
One shirt will cost Rs 1500
Step-by-step explanation:
CP of the shirts = Rs 1000 each
Money spent on buying `18 shirts = 1000 * 18 = Rs 18000
Profit percent = 25%
SP of 18 shirts without sales tax = 18000+(18000* 15/100) = 18000 + 4500 = Rs 22500
SP of 18 shirts with sales tax = 22500 + (22500 * 25/100) = 22500 + 4500 =
Rs 27000
SP of 1 shirt = 27000/18 = Rs 1500