The nbsp-additional charges nbsp-over the buying price of an nbsp-article are called nbsp-overhead expenses-TrueFalse

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Question

The additional charges over the buying price of an article are called overhead expenses.

True

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False

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Question 47

Additional expenses made after buying an article are included in the cost price and are known as Value Added Tax.

A man buys article for rs. 150 and makes overhead experses which are 10 % of the cost price. At what price must he sell it to gain 20 % ?

(a) Rs. 182

(b) Rs. 192

(d) Rs. 208

State whether the statement is true (T) or false (F).

Additional expenses made after buying an article are included in the cost price and are known as Value Added Tax.

Question 47

Additional expenses made after buying an article are included in the cost price and are known as Value Added Tax.