23-04-2022
Mathematics

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At what price should Nepali bags be sold in order to make a profit of 140% by selling 2000 bags in the USA which was purchased in Nepal for Rs. 800 each and after paying 15% export tax ? [Given that $1 = Rs. 105.00.]

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ewomazinoade ewomazinoade

25-04-2022

The price at which the Nepali bags should be sold in order to make a profit of 140% is $21.02.

What is the price the bags should be sold ?

Profit is total revenue less total cost.

The first step to convert Rs. 800 to US dollars: 800 / 105 = $7.62

The second step is to determine the total cost including taxes: 1.15 x 7.62 = $8.76

Selling price = (1 + 1.40) x 8.76 = $21.02

To learn more about percentages, please check: https://brainly.com/question/25764815

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