A shopkeeper sells an article for 21,384
including 10% tax. However, the actual rate
of Tax is 8%. Find the extra profi

A shopkeeper sells an article for 21,384
including 10% tax. However, the actual rate
of Tax is 8%. Find the extra profit made by
the dealer.

About the author
Charlie

2 thoughts on “A shopkeeper sells an article for 21,384<br />including 10% tax. However, the actual rate<br />of Tax is 8%. Find the extra profi”

  1. Answer:

    Let the C.P of the article=Rs.x

    Then x+10%ofx=21384

    ⇒x+

    100

    10x

    =21384

    ⇒x+

    10

    x

    =21384

    10

    11x

    =21384

    ⇒x=

    11

    213840

    =Rs.19440

    Actual rate of tax=8%

    ∴ S.P after tax=19440+8%of19440

    ⇒19440+

    100

    8

    ×19440

    ⇒19440+1555.2=Rs.20995.20

    Profit made by shopkeper=21384−20995.20=Rs.388.80

    hope it’s helpful for you

    Reply
  2. Answer:

    sp with vat= 21384+ 10% of 21384

    =Rs. 23522.4

    sp with actual vat= 21384+8%21384

    =Rs. 23094.72

    extra profit= 23522.4-23094.72= Rs. 427.68

    hope it helps to u friend

    Reply

Leave a Comment