Question
Jeeva purchased an article for Rs.2500 and sold it at
25% above cost and paid a tax of Rs.125. Find the post-tax profit in rupees.Solution
CP od article = 2500 Sp of aarticle = 2500 x 125 / 100 = 3125 Sp after deducting tax = 3125 - 125 = 3000 Hence, Post paid tax profit = 3000 - 2500 = 500
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