A company is capable of selling AC at 36400 per piece . After adding G

1.	A company is capable of selling AC at 36400 per piece . After adding GST at the rate of 18% , still he will make a profit of 20% on the sale. what is the manufacturing cost per AC
Answer» Answer: CP = ? SP = Rs 6.36 VAT = 6% Profit = 20% SP = CP + profit AMOUNT + VAT amount = CP + 20% CP + (120% CP) * 6% 6.36 = CP [ 1 + 0.20 + 1.20 * 6 /100 ] CP = 6.36 / 1.272 = Rs 5.00

A company is capable of selling AC at 36400 per piece . After adding GST at the rate of 18% , still he will make a profit of 20% on the sale. what is the manufacturing cost per AC

Answer»

Answer:

CP = ?

SP = Rs 6.36

VAT = 6%

Profit = 20%

SP = CP + profit AMOUNT + VAT amount = CP + 20% CP + (120% CP) * 6%

6.36 = CP [ 1 + 0.20 + 1.20 * 6 /100 ]

CP = 6.36 / 1.272 = Rs 5.00