Question

A trader buys an unfinished article for $Rs.1,800$ and spends $Rs.600$ on its finishing, parking transportation, etc. He marks the article at such a price that will give him $20\%$ profit. How much will a customer pay for he article including $12\%$ sales tax.

• A. $Rs.3,165.60$
• B. $Rs.3,788.60$
• C. $Rs.3,225.60$
• D. $Rs.3,338.60$

Answer 1

The correct option is C $Rs.3,225.60$

$C.P$ of the article for trader$=Rs.1800$

Amount he spends on finishing and transportation$=Rs.600$

Total $C.P=1800+600=Rs.2400$

Profit$=20\%$

Calculate the marked price

$M.P=\frac{120}{100}\times 2400=Rs.2880$

Sales tax$=12$

$S.P$ of the article$=2880+\frac{12}{100}\times 2880$

$=2880+345.60=Rs.3225.60$

Hence customer pays $Rs.3225.60$