CBSE Class 8 Answered
A shopkeeper buys a washing machine at a rebate of 30%on the printed price .He spends 400 on transportation of the article .After charging sales tax at the rate of 7% on the printed price,he sells the article for 36000. Find his profit/loss percentage
Asked by ashudubey | 19 Jan, 2019, 19:22: PM
Expert Answer
Let the printed price of the washing machine be Rs. x.
Sales tax 7% of x =
Selling Price =
Selling price = 36000
Printed price = Rs. 33645
Rebate 30% on printed price =
Selling Price after rebate = 33645 - 10093 = Rs. 23552
Transportation = Rs. 400
Actual cost price = 23552 + 400 = Rs. 23992
Profit = Printed price - Actual cost price = 33645 - 23992 = Rs. 9653
Profit percentage =
Answered by Sneha shidid | 21 Jan, 2019, 10:09: AM
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