Question

Tarun bought an article for Rs. $8,000$ and spent Rs. $1,000$ for transportation. He marked the article at Rs. $11,700$ and sold it to a customer. If the customer had to pay $10\%$ sales tax, find:
(i) the customer's price
(ii) Tarun's profit percent

• A. (i) Rs. $10,636$ (ii) $13\%$
• B. (i) Rs. $11,190$ (ii) $20\%$
• C. (i) Rs. $12,870$ (ii) $30\%$
• D. (i) Rs. $13,220$ (ii) $43\%$

Answer 1

Answer: (C)

(i) Rs. $12,870$ (ii) $30\%$

C.P $=Rs.8000$

Transportation Cost $=Rs.1000$

Total C.P $=8000+1000=Rs.9000$

M.P $=Rs.11700$

Sales tax Rate$=10\%$

(i) Customer's price $=$ S.P including sales tax$=11700+\frac{10}{100}\times 11700=Rs.12870$

(ii) Profit $=11700-9000=2700$

Profit $\%=\frac{2700}{9000}\times 100=30$%