Question

manoj bought a mobile at 10000
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Answer 1

Answer:

Manoj bought a mobile phone Rs.10,000.He wants to sell it at a profit of 20% on marked price.Find out (i) the marked price of the phone.

(ii) how much will customer have to pay(including VAT) if he buys the mobile phone.The rate of VAT is 10%.

solution:

(1)(1)  MP=120%×10,000=Rs.12,000MP=120%×10,000=Rs.12,000

(2)(2)  Customer have to pay=12,000×110%=Rs.13,200=12,000×110%=Rs.13,200

Answer 2

Step-by-step explanation:

(1) MP=120%×10,000=Rs.12,000