How Much is less is the value including 13%VAT on Rs.2700 than Rs.3060
Answers
Answered by
1
answer is 15.3% this is correct answer
Answered by
3
Answer:
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Step by step explaination
Solution:
Correct option is
A
(i) 6% (ii) 27.78%
Let the printed price of the article be Rs. x
Then according to the question
∴x−10%ofx=2700
⇒
10
9x
=2700
⇒x=
9
2700×10
=3000
Then printed price of the article is rs.3000
Retailer raise the printed price of the article by 15% then the retailer price of the article =3000+15%of3000
⇒3000+
100
15
×3000
⇒3000+450=Rs.3450
Let the rate of sales tax be Rs.y %
Then according to the question
⇒3450+y%of3450=3657
⇒
100
y
×3450=3657−3450
⇒345y=2070
⇒y=
345
2070
=6%
Cost price for the retailer=Rs.2700
Selling price for the retailer=Rs.3450
∴Profit=3450−2700=Rs.750
Profit %=
2700
750
×100=27.78%
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