Question

Pls answer all the questions I am stuck with this


Thanks in advance

Answer 1

                       Question # 1

Answer:

The actual cost will be = 17,000 Rs

Step-by-step explanation:

Let us suppose 'C' is the actual cost of the table.

The money spent by shopkeeper on polishing and transportation = 1000 Rs

Total cost = $C + 1000$

As the profit $=12\frac{1}{2}\%\:=\:12.5\%\:$

So

Sale price without tax will be = $\left(C+1000\right)\:\cdot \frac{\left(100+25\right)}{100}$

                                                 $=\frac{\left(100+25\right)\left(C+1000\right)}{100}$

                                                  $=\frac{125\left(C+1000\right)}{100}$

                                                  $=\frac{5\left(C+1000\right)}{4}$

Sales Tax = $\frac{5\left(C+1000\right)}{4}\times \frac{6}{100}$

so

The total price paid by Arvind is :

                           $5\:\frac{\left(C+1000\right)}{4}\:\cdot \:\frac{106}{100}\:=\:23,\:850$

                                    $\frac{53C}{40}+1325=23850$

                                    $53C+53000=954000$

                                            $53C=901000$

                                             $\frac{53C}{53}=\frac{901000}{53}$

                                              $C = 17, 000$  Rs

Therefore, the actual cost will be = 17,000 Rs

                     Question # 2

Answer:

The overhead charges were = 3171000 Rs

Step-by-step explanation:

Gagan bought a plot of land for the price = 2,35,000

Profit = 40% of 2,35,000

        = $\frac{40}{100}\times 235000$

       $=94000$ Rs

Sale Price after 40% profit = 235000 + 94000

                 = 329000 Rs

Overhead Charges = Final Sale Price - Sale Price after 40% profit

                               = 3500000 - 329000

                               = 3171000

Therefore, the overhead charges were = 3171000 Rs

                            Question # 3

Answer:

The required Cost Price = 2800 Rs

Step-by-step explanation:

Marginal Price = 4200 Rs

Sales Price $=4200\times 80/100$

                   $=3360$

According to the information given in the question

$Cost\:Price+Cost\:Price\:\times \:20/100=3360$

$Cost\:Price\left(1+1/5\right)=3360$

$Cost\:Price\times \frac{6}{5}=3360$

$Cost\:Price=3360\:\times \:\frac{5}{6}$

$Cost\:Price=2800$

Therefore, the required Cost Price = 2800 Rs