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?
Answers
Step-by-step explanation:
First of all total price of the shirts,which shweta sold at 8% profit is 9072 and the price of each shirt that she sold is 756 rupees.
then the customer paid 1632.96[1633] as GST at the rate of 18% on total sale [756×18%=136.08][136.08×12=1632.96]
so the answer is one shirt cost for customer is 756 rupees and total profit earned by shweta is 56×12=672[each shirt selling price is 56 above of the price at which she purchases the shirts] + 1633 = 2305
HOPE YOU GET YOUR ANSWER!!
Answer:
Rs882, Rs 672
Step-by-step explanation:
c.p of 1 shirt = Rs700 so C.p of 1 dozen shirts for shweta = 12 × 700 = 8400
s.p of each shirt set up by shweta And present c.p of each shirt for a new customer = 700+8% of 700 = Rs 756
s.p of 1 dozen shirts = 756 × 12 = 9072
Note:GST will be paid on its original cost price
if customer is to pay GST at the rate of
18% then final cost of each shirt for him = 756 + 18% of 700 = Rs 882