Q4. A trader imported a car worth Rs.850000 and paid custom duty at the rate of 60%, find the inland cost of the car.
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Answer:
CP = 850000
paid Rs 60% of cp
850000 × 60/100
= 51000
inland cost of the car = CP + paid
= 850000 + 51000
= 901000
so inland cost of car is 901000
hope it will help you.........
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