Question

Q.20 A tradesman sells his goods at a price 20%
above what they cost him. If his overhead
expenses are Rs. 33,200 per annum, what must
be his annual receipts on the goods sold, so that
10 % of his receipts may be net profit?​

Answer 1

Step-by-step explanation:

i dont know sorry

as i am a secondry student

Answer 2

Answer:

4,98,000

Step-by-step explanation:

let CP be 100

acc to question SP is 120 then

after deducting overhead costs profit is 10% of receipts I.e, 10% of 120 = 12

which means over head costs are 8rs ( 20-12)

now by unitary method, if 8 is for 120, then calculate 33200 for ?

ans: 4,98,000rs

tq