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Question
The government seeing the necessity of computers in daily life reduced sales tax on it by 8%. As a result, computers are now cheaper by Rs 2,240. Find the marked price of the computers.
Solution
The decrease in price of the oomputers is only because of the decrease in amount of sales tax.
Let marked price be x
And decrease amount of sales tax is
= (decrease in rate of sales tax) x Price/ 100
This amount is given as Rs 2,240.
Also it is given
Decrease in rate of sales tax = 8 %
Therefore:
Rs 2240 = `x xx 8/100`
Rs 2240 = `(2 x)/25`
x = Rs `(2240 xx 25)/2` = Rs 28000
Thus marked price of the oomputer is Rs. 28,000
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