Question Number 9128 by tawakalitu last updated on 20/Nov/16
Commented by tawakalitu last updated on 20/Nov/16
$$\mathrm{Note}:\:\:#\:\mathrm{means}\:\:\mathrm{Naira}\:\mathrm{in}\:\mathrm{Nigeria}. \\ $$$$\mathrm{while}:\:\:\mathrm{K}\:\mathrm{means}\:\:\mathrm{Kobo}\:\mathrm{in}\:\mathrm{Nigeria} \\ $$$$\mathrm{and} \\ $$$$\mathrm{100}\:\mathrm{kobo}\:=\:\mathrm{1}\:\mathrm{Naira}\:\:\:\:\left(\mathrm{100k}\:=\:#\mathrm{1}\right) \\ $$
Answered by sandy_suhendra last updated on 20/Nov/16
$$\left.\mathrm{A}\right)\:\mathrm{the}\:\mathrm{price}\:\mathrm{excluding}\:\mathrm{5\%}\:\mathrm{VAT}\:=\:\frac{\mathrm{100}}{\mathrm{105}}\:×\:\sharp\mathrm{99},\mathrm{990}\:=\:\sharp\mathrm{95},\mathrm{229} \\ $$$$\:\:\:\:\:\:\:\mathrm{the}\:\mathrm{price}\:\mathrm{including}\:\mathrm{8\%}\:\mathrm{VAT}\:=\:\frac{\mathrm{108}}{\mathrm{100}}×\sharp\mathrm{95},\mathrm{229}=\sharp\mathrm{102},\mathrm{847} \\ $$
Commented by tawakalitu last updated on 20/Nov/16
$$\mathrm{God}\:\mathrm{bless}\:\mathrm{you}\:\mathrm{sir}. \\ $$
Answered by sandy_suhendra last updated on 20/Nov/16
$$\left.\mathrm{c}\right)\:\mathrm{amount}\:\mathrm{of}\:\mathrm{the}\:\mathrm{sales}\:=\:\mathrm{20}×\sharp\mathrm{5}\:+\:\mathrm{10}×\sharp\mathrm{3}\:+\:\mathrm{5}×\mathrm{50k}=\sharp\mathrm{132}.\mathrm{50} \\ $$$$\mathrm{total}\:\mathrm{profit}\:=\:\sharp\mathrm{132}.\mathrm{50}−\sharp\mathrm{120}.\mathrm{00}=\sharp\mathrm{12}.\mathrm{50} \\ $$$$\%\:\mathrm{profit}\:=\frac{\sharp\mathrm{12}.\mathrm{50}}{\sharp\mathrm{120}.\mathrm{00}}×\mathrm{100\%}=\mathrm{10}.\mathrm{42\%} \\ $$
Commented by tawakalitu last updated on 20/Nov/16
$$\mathrm{God}\:\mathrm{bless}\:\mathrm{you}\:\mathrm{sir}. \\ $$