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An import company brought into the country some amplifiers that cost sh 3750 each. The government imposed an import duty 125% and a sales tax of 20%. If the company decided to make a 10% profit on the sales,  calculate the selling price of each amplifier.

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Answer is Sh 6,250

Workings 
Get cost 3,750 x 125% = 4,687.50

Add profit on sales 4,687.50/ (1-10%) = 5,208.33

Add 20% tax 5,208.33 x 1.2 = KSh 6,250



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