Mr. ram runs a clothing store. his overhead expenses are 32% and his profits are 12% of his sale. at what price should he sell a raincoat which Costs him ₹10.50?
Answers
Answered by
7
Answer:
Rs 15.12
Step-by-step explanation:
Cost of the raincoat = Rs 10.50
Overhead expenses = 32%
= (32/100) * 10.50
= Rs 3.36
His profits = 12%
= (12/100) * 10.50
= Rs 1.26
Therefore, the Selling Price of the coat should be Rs 10.50 + Rs 3.36 + Rs 1.26 = Rs 15.12
Answered by
1
Answer:
15.52
Step-by-step explanation:
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