Advertisements
Advertisements
प्रश्न
A shopkeeper buys a watch for Rs 2,500 and marks up its price. A customer buys the watch for Rs 3,300 which includes a sales tax of 10% on the marked up price. Find the mark-up percentage on the price of the watch. Also, find his profit percentage.
उत्तर
Let marked up price be x
Cost of the watch =Rs (2,500 + x)
Sales tax = 10 % of the marked up price
=`10/100 xx` Rs (2500 + x)
= Rs `(2500 + x)/10`
Total cost =
= Rs (2500 + x) + `(2500 + x)/10`
= `(25000 + 10 x + 2500 + x)/10`
= `(27500 + 11 x)/10`
But total cost = 3,300
⇒ `(27500 + 11 x)/10` = Rs 3300
⇒ 27,500 + 11 x = Rs 33,000
⇒ 11 x = Rs 5,500
⇒ x = Rs 500
Increase in price = Rs 500
Percentage increase in mark up price
= `500/2500 xx 100 = 20 %`
Hence, percentage increase in mark up price = 20 %
His profit = (increased price - cost price)
=Rs (3,000 - 2,500) = Rs 500
His profit percentage = `500/2500 xx 100 = 20 %`
Hence, his profit percentage = 20 %
APPEARS IN
संबंधित प्रश्न
The catalogue price of a computer set is Rs. 42,000. The shopkeeper gives a discount of
10% on the listed price. He further gives an off-season discount of 5% on the discounted
price. However, sales tax at 8% is charged on the remaining price after the two successive
discounts. Find
1)the amount of sales tax a customer has to pay
2)the total price to be paid by the customer for the computer set.
A shopkeeper bought an article for Rs. 3,450. He marks the price of the article 16% above the cost price. The rate of sales tax charged in the article is 10%
Find the:
1) market price of the article.
2) price paid by a customer who buys the article
A wholesaler buys a TV from the manufacturer for Rs. 25,000. He marks the price of TV 20% above his cost price and sells it to a retailer at a 10% discount on the market price. If the rate of the VAT is 8%, find the :
1) Market price
2) Retailer’s cost price inclusive of tax.
3) VAT paid by the wholesaler.
An article is marked at Rs 4,500 and the rate of sales tax on it is 6%. A trader buys this article at some discount and sells it to a customer at the marked price. If the trader pays Rs 81 as VAT; find:
How much per cent discount does the trader get?
The total money paid by the trader, including tax, to buy the article.
Tanya buys a leather coat costing Rs. 3,600, the rate of sales Tax being 10%. She asks the shopkeeper to reduce the price of the coat to such an extent that she does not have to pay anything more than Rs. 3,366 including sales tax. Calculate:
(i) The reduction needed in the cost price of the coat.
(ii) the reduction as percent.
A shopkeeper buy an article for Rs. 2,400 from a wholesaler at 20% rebate on its list price. He marks up the list price of the article bought by 10% and then sells it for Rs. 3,498 including sales tax on the marked up price.
Find: (i) the rate of sales tax
(ii) the shopkeeper’s profit as per cent.
The marked price and the rate of sales tax of different items are given below. Calculate the amount to be paid for each of them:
| S.No | Item | Maeked Price | Sales Tax |
| i | Walkman | Rs.1,750.00 | 8.5% |
| ii | Washing Machine | Rs.14,840.00 | 7.5% |
| iii | Computer | Rs.32,725.00 | 12% |
| iv | Sofa set | Rs.16,000.00 | 11.5% |
| v | T.V. | Rs.28,975.00 | 16% |
| vi | Jacket | Rs.1,260.00 | 10% |
| vii | Camera | Rs.4,500.00 | 9% |
| viii | Air conditioner | Rs.21,650.00 | 14% |
Rupesh wanted to buy an air-conditioner. He bought it when the sales tax on it had just increased by 6%. As a result Rupesh had to pay Rs 1,920 more. Find the marked price of the air-conditioner.
A shopkeeper sells an article at its marked price (Rs. 7,500) and charges sales-tax at the rate of 12% from the customer. If the shopkeeper pays a VAT of Rs. 180; calculate the price (inclusive of tax) paid by the shopkeeper.
Harshna gave her car for service at service station on 27-05-2009 and was charged as follows:
- 3.10 litres engine oil @ Rs 178.75 per litre and VAT @ 20%.
- Rs 1,105.12 for all other services and VAT @ 12.5%.
- Rs 2,095.80 as labour charges and service tax @10%.
- 3% cess on service Tax.
Find the bill amount.
