Indu purchased 18 shirts at the rate of `1000 each and sold them at a profit of 35%. If a customer has to pay sales tax at the rate of 20%, then find how much one shirt will cost to the customer and what will be the total profit earned by Indu after selling all shirts?
Answers
Answer:
Answer:
For 18 shirts total profit of seller = 350(18) = 6300 The final selling price of single
shirt for customer = 1620
Step-by-step explanation:
we are given that
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)
1000 + 350 = 1350
The profit of seller = 13501000 = 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
Step-by-step explanation: