Shweta purchased a dozen shirts @ rupees 700 each and sold them a profit of 8% if it customer is to pay GST @ 18% how much will one shirt cost of customer what will be the total profit earned by Shweta after selling all the shirts
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Gɪᴠᴇɴ :-
- Shweta purchased a dozen shirts at the Rate of= Rs 700 each .
- Profit = 8% .
- GST customer give = 18%.
Tᴏ Fɪɴᴅ :-
- Total profit earned by Shweta after selling all the shirts. ?
- How much will one shirt cost of customer ?
Sᴏʟᴜᴛɪᴏɴ :-
→ CP of 1 Shirt = Rs.700
→ CP of 1 Dozen Shirt = 700 * 12 = Rs.8400 .
→ Profit % = 8% .
→ So, Total Profit = (CP * Profit%) / 100
→ Total Profit = (8400 * 8) / 100
→ Total Profit = Rs. 672 (Ans.)
Hence, Total profit earned by Shweta is Rs.672 .
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Now,
→ SP of 12 Shirts = CP of 12 Shirts + Total Profit
→ SP of 12 Shirts = 8400 + 672
→ SP of 12 Shirts = Rs.9072
And,
→ SP of 1 Shirt = (9072)/12
→ SP of 1 Shirt = Rs.756..
Than,
→ SP of 1 Shirt = 756
→ GST = 18% .
→ Price paid by customer including GST = [SP * (100 + GST%) ] / 100
→ Price paid by customer including GST = [756 * (100 + 18) ] / 100
→ Price paid by customer including GST = (756 * 118) / 100
→ Price paid by customer including GST = Rs.892.08 (Ans.)
Hence, One shirt Cost the customer Rs.892.08.
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