Tarun bought and article for Rs. 8000 and spent Rs. 1000 for transportation. He marked the article Rs. 11,700 and sold it to a customer. If the customer had to pay 10% sales tax, find:

(1) the customer’s price

(2) Tarun’s profit percent.

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#### Solution

Cost to Tarun = Rs. 8000 + Rs. 1000 = Rs. 9000

Marked Price = Rs. 11700

Sales Tax% = 10%

Sale Tax = `11700 xx 10/100 = Rs 1170`

1) The customer’s price = 11700 + 1170 = Rs. 12870

2) Profit = 11700 - 9000 = Rs 2700

Profit% = `(2700 xx 100)/9000 = 30%`

Concept: Computation of Tax

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