Answer: Rs 25,000
Step-by-step explanation:
Given
Retailer sold an electric iron to a customer at a loss of 10%
Suppose the Cost price of iron is
So, selling price is
This price must be equal to + VAT
Thus, the cost price is
Answer: I do not know
Step-by-step explanation:
Check the picture below, the maximum occurs at the vertex of the parabolic path, so