An article is available for Rs 1430 inclusive of sales tax at the rate of 10% . Find it’s list price . What will be it’s selling price of the rate of sales tax changes to 12% ? About the author Autumn
Given : The article is available for Rs 1430 Inclusive of sales tax at the rate of 10% . To find : List price Solution Sale price = Rs 1430 Rate of sale tax = 10% Let list price be Rs x Therefore , Sale price = List price + Sales tax [tex]1430 = x + \frac{10}{100} \times x[/tex] [tex]x = \frac{1430 \times 100}{110} = rs \: 1300[/tex] or Hence , the list price = Rs 1300 Now , If the rate of sale tax = 12% Then , Sale price will become [tex] = 1300 + \frac{12}{100} \times 1300 = 1300 + 156 = 1456[/tex] = Rs 1456 Reply
Given :
To find :
Solution
Sale price = Rs 1430
Rate of sale tax = 10%
Let list price be Rs x
Therefore ,
Sale price = List price + Sales tax
[tex]1430 = x + \frac{10}{100} \times x[/tex]
[tex]x = \frac{1430 \times 100}{110} = rs \: 1300[/tex]
or
Hence , the list price = Rs 1300
Now , If the rate of sale tax = 12%
Then ,
Sale price will become
[tex] = 1300 + \frac{12}{100} \times 1300 = 1300 + 156 = 1456[/tex]
= Rs 1456
Rs 1456
List price is Rs 1456