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प्रश्न
A retailer purchases a fan for ₹ 1200 from a wholesaler and sells it to a consumer at a 15% profit. If the rate of sales tax (under VAT) at every stage is 8%, then choose the correct answer from the given four options
The selling price of the fan by the retailer (excluding tax) is
विकल्प
₹ 1200
₹ 1380
₹ 1490.40
₹ 11296
उत्तर
Cost price of a fan = ₹ 1200
Profit = 15%
∴ Sale price
= `("C.P." xx (100 + "Profit%"))/(100)`
= ₹`(1200 xx (100 + 15))/(100)`
= ₹`(1200 xx 115)/(100)`
= ₹1380.
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