the cost price of article is 500.the shopkeeper sells it at a gain of 12 1/2% .ST of 15% is also charged.find the amount payable by the customer
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Answer:
C.P= 500
Gain= 12.1 /2
The gain= 500÷ (12 1/2) ÷ 100 = rs 300
after the gain the value of article is=
500+30 =
530
S.T= 530÷ 14% = Rs 79.5
after the S.T the value of article is= 500+79.5
= Rs 609.5
Hence the cost of article is 609.5
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