A person buys electronic goods worth ₹ 10,000 for which the sales tax is 4% and other material worth ₹ 15,000 for which the sales tax is 6%. He manufactures a gadget using all these and sells it at 15% profit. What is his selling price?
Price of electronic goods = 10,000
Tax = 4%
Tax amount = ![]()
= 400
Net amount of = Price of goods + tax amount
electronic goods
= 10000+400
= 10400
Price of other materials = 15,000
Tax = 6%
Tax amount = ![]()
= 900
Net amount of = Price of goods + tax amount
Other materials
= 15000+900
= 15900
Net amount for input = 10400+15900
material of gadget
= 26300
Profit % ![]()
![]()
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![]()
∴ SP = CP + profit
= 26300+3945
= Rs30245
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