Question

A retailer bought a product from producer for Rs. 300 and paid sales tax of 15% and sold the product to customer for Rs. 410. Calculate the profit

Answer 1

Answer:

C. P=rs 300

S.p =rs 410

Tax rate =15%

Step-by-step explanation:

Now according to que,

Profit =S.p-C.p

=410-300

= Rs 110

Hence,profit amount is Rs 110