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3 years ago

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Need help with Part B.

1 answer:

lidiya [134]3 years ago

7 0

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◕ A dealer sold a photocopy machine at Rs 4200 with 13% VAT to a retailer. The retailer added transportation cost of Rs 250 , pr

satela [25.4K]

<u>Given </u><u>:</u><u>-</u>

A dealer sold a photocopy machine at Rs 4200 with 13% VAT to a retailer.
The retailer added transportation cost of Rs 250 , profit Rs 300 and local tax Rs 150 and sold to consumer .
Customer has to pay 13% VAT .

<u>To </u><u>Find </u><u>:</u><u>-</u>

Amount to be paid by the customer .

<u>Sol</u><u>u</u><u>tion </u><u>:</u><u>-</u>

Here , according to the question ,

$\sf\dashrightarrow Cost\ of \ machine \ = \ Rs 4200$

$\sf\dashrightarrow VAT = 13\%$

Therefore cost after adding VAT ,

$\sf\dashrightarrow Cost = Cost_{initial}+13\% of Cost_{initial}\\$

$\sf\dashrightarrow Cost = Rs4200 + Rs 4200 \times \dfrac{13}{100}\\$

$\sf\dashrightarrow Cost = Rs4200 + Rs546\\$

$\sf\dashrightarrow \bf{ Cost = Rs 4746}$

Again the values added by the retailer before selling to customer ,

Transport = Rs 250
Profit = Rs 300
Tax = Rs 150

Therefore total cost after adding these ,

$\sf\dashrightarrow Cost = Rs( 4746+ 250+ 300 + 150 )\\$

$\sf\dashrightarrow\bf { Cost = Rs 5446}$

Again Selling price after addition of 13% VAT ,

$\sf\dashrightarrow SP = Rs 5446 + 13\% \ of \ Rs 5446\\$

$\sf\dashrightarrow SP = Rs 5446 + \dfrac{13}{100}\times 5446 \\$

$\sf\dashrightarrow SP = Rs (5446 + 707.98) = Rs ( 5446 + 708)\\$

$\sf\dashrightarrow \underline{\underline{\bf SP_{to\ the \ customer} = Rs 6154}}$

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