Shweta purchased a dozen shirts at the rate of 700 each and sold them

1.	Shweta purchased a dozen shirts at the rate of 700 each and sold them at a profit of 8%. Ifis to pay GST at the rate of 18%, how much will one shirt cost to customer. What will be the toprofit earned by Shweta after selling all shirts?
Answer» Cost for 12 shirt = Rs.700 Cost for one shirt = 700/12 = Rs.50 SP of one shirts ie. Cost of one shirt to the customer = (50 x 108/100) + (50 x 8/100) = 50(108/100 + 8/100) = 50 x 126/100 = Rs.63 Total profit earned by Swetha = 700 x 8/100 = Rs.56

Shweta purchased a dozen shirts at the rate of 700 each and sold them at a profit of 8%. Ifis to pay GST at the rate of 18%, how much will one shirt cost to customer. What will be the toprofit earned by Shweta after selling all shirts?

Answer»

Cost for 12 shirt = Rs.700

Cost for one shirt = 700/12 = Rs.50

SP of one shirts ie. Cost of one shirt to the customer =

(50 x 108/100) + (50 x 8/100) = 50(108/100 + 8/100) = 50 x 126/100

= Rs.63

Total profit earned by Swetha = 700 x 8/100 = Rs.56