Q11 of 94 Page 20

Deepa purchased 15 shirts at the rate of Rs. 1,200 each and sold them at a profit of 5%. If the customer has to pay sales tax at the rate of 4%, how much will one shirt cost to the customer?

Cost of each shirt = 1,200

No. of shirts = 15


Cost price of shirts = 15 × 1,200 = 18,000


Profit = 5%


= × 18,000


= 900


Total cost price = 18,000 + 900 = 18,900


Sales Tax = 4%


Amount of sales tax = (Rate of sales tax) (cost price)


= × 18,900


= 756


Total cost that customer has to pay = cost price + sales tax amount


= 18,900 + 756


= 19,656


Cost of 15 shirt that customer pay = 19,656


Cost of 1 shirt that customer has to pay = = 1,310.40


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