FIND OUT wht is the price of 1kg rice ,
if total production of rice 15MT @35000/-(metric tunns)it
includs vat 4%,excise tax 10%,fright 3000/-.

Answer Posted / kiran

total prouduction 15*35000=525000 with vat
10% exsice=52500+52500=577500
freight=577500+3000=580500(metric tunnes)
1mt=1000kg
so,
1kg=580500/1000
=580.50 (price of 1 kg rice)

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