Question

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

• A. Rs. 1223.20
• B. Rs. 2556.70
• C. Rs. 3000.30
• D. Rs. 3225.60

Answer 1

The correct option is D Rs. 3225.60

`C.P of the article$=1800+600=Rs.2400$

Profit=20%

$\therefore S.P=\frac{100+profit\%}{100}\times 2400$

$\Rightarrow \frac{100+20}{100}\times 2400$

$\Rightarrow Rs.2880$

Then $M.P=Rs.2880$

Sales tax $rate=12\%$

Then customer will pay=$2880+12\%of2880$

$\Rightarrow 2880+\frac{12}{100}\times 2880$

$\Rightarrow 2880+345.6=Rs.3225.60$