A washing machine is purchased for Dinar 85 in Kuwait. The transportation cost is 1.5%, a 110% customs duty is paid, and it is sold for a profit of 150%. (Dinar 1 = Rs. 355.70)

(a) How much is to be paid for transportation in Nepali currency?
(b) How much is to be paid for customs duty?
(c) How much profit is made on selling the machine?
(d) What is the selling price of the machine in Nepal?



Answer :

Sure, let's break down the problem step by step.

### Given Information:

- The initial cost (purchase price) of the washing machine = Dinar 85
- Transportation cost = 1.5% of the initial cost
- Custom duty = 110% of the initial cost
- Profit = 150% of the initial cost
- Conversion rate from Dinar to Nepali Rupees (NPR) = 1 Dinar = Rs. 355.70

### (a) Amount to be paid for transportation in Nepali currency

First, calculate the transportation cost in Dinar:
[tex]\[ \text{Transportation Cost} = 85 \times \frac{1.5}{100} = 1.275 \text{ Dinar} \][/tex]

Convert this amount to Nepali Rupees:
[tex]\[ 1.275 \text{ Dinar} \times 355.70 = 453.5175 \text{ NPR} \][/tex]

So, the amount to be paid for transportation in Nepali currency is Rs. 453.52.

### (b) Amount to be paid for custom duty

Calculate the custom duty in Dinar:
[tex]\[ \text{Custom Duty} = 85 \times \frac{110}{100} = 93.5 \text{ Dinar} \][/tex]

Convert this custom duty to Nepali Rupees:
[tex]\[ 93.5 \text{ Dinar} \times 355.70 = 33257.95 \text{ NPR} \][/tex]

So, the amount to be paid for custom duty is Rs. 33,257.95.

### (c) Amount gained on selling the machine

Calculate the profit in Dinar:
[tex]\[ \text{Profit} = 85 \times \frac{150}{100} = 127.5 \text{ Dinar} \][/tex]

Convert this profit to Nepali Rupees:
[tex]\[ 127.5 \text{ Dinar} \times 355.70 = 45351.75 \text{ NPR} \][/tex]

So, the amount gained on selling the machine is Rs. 45,351.75.

### (d) Selling price of the machine in Nepal

Calculate the total selling price in Dinar by adding all costs and profit:
[tex]\[ \text{Selling Price in Dinar} = 85 + 1.275 + 93.5 + 127.5 = 307.275 \text{ Dinar} \][/tex]

Convert the total selling price to Nepali Rupees:
[tex]\[ 307.275 \text{ Dinar} \times 355.70 = 109297.7175 \text{ NPR} \][/tex]

So, the selling price of the machine in Nepal is Rs. 109,297.72.

These are the detailed solutions based on the given problem statement.