Shweta purchased a dozen shirts at the rate of ₹700 each and sold them at a profit of 8%. If a customer
is to pay GST at the rate of 18%, how much will one shirt cost to customer. What will be the total
profit earned by Shweta after selling all shirts?
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Answered by
57
Answer:
one shirt cost to customer 892.08 Rs
total profit earned by Shweta = Rs 672
Step-by-step explanation:
Shweta purchased a dozen shirts at the rate of ₹700 each
1 Dozen = 12
Total Cost Price = 12 * 700 = Rs 8400
Sold at Profit of 8 %
=> Profit = (8/100) * 8400 = 672 Rs
the total profit earned by Shweta = Rs 672
Selling Price = 8400 + 672 = Rs 9072 for 12 Shirt
Selling price of 1 Shirt = 9072/12 = 756 Rs
Price paid by customer including GST
= 756 + (18/100)756
= 756 * 1.18
= 892.08 Rs
one shirt cost to customer 892.08 Rs
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18
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