Advertisements
Advertisements
Question
The price of a pair of Nike shoes including sales tax at the rate of 7% is Rs 1,572.90. Find the basic price of the shoes.
Solution
Let the basic price of the shoes be x
Rate of sales tax = 7 %
Therefore, total price of the shoes =
Rs `("x" + ("x" xx 7)/100)`
= Rs `(107 "x")/100`
Total price of the shoes given =Rs 1,572.90
`therefore (107 "x")/100 = "Rs" 1572.90`
⇒ 107 x = Rs1,57290
⇒ x = Rs `157290/107`
⇒ x = Rs1,470
Hence, the basic price of the shoes = Rs 1,470
APPEARS IN
RELATED QUESTIONS
The catalogue price of a computer set is Rs. 42,000. The shopkeeper gives a discount of
10% on the listed price. He further gives an off-season discount of 5% on the discounted
price. However, sales tax at 8% is charged on the remaining price after the two successive
discounts. Find
1)the amount of sales tax a customer has to pay
2)the total price to be paid by the customer for the computer set.
A shopkeeper bought an article for Rs. 3,450. He marks the price of the article 16% above the cost price. The rate of sales tax charged in the article is 10%
Find the:
1) market price of the article.
2) price paid by a customer who buys the article
Ajit buys a motorcycle for Rs 17600 including value added tax. If the rate of VAT is 10%, what is the sale price of the motorcycle?
The price of a scooter including sales tax at the rate of 11% is Rs 37,462.50. Find the basic price of the scooter.
Alex bought a game boy for Rs 4,784 which included a rebate of 20% and a sales tax of 15%. Find the basic price of the game boy.
Reduction of 5% on the sales tax of scooters reduced its selling price by Rs 2,200. Find the marked price of the scooter.
______ is charged on the sale of an item by the government and is added to the bill amount.
Harshna gave her car for service at service station on 27-05-2009 and was charged as follows:
Rs 1,105.12 for all other services and VAT @ 12.5%.
Harshna gave her car for service at service station on 27-05-2009 and was charged as follows:
Rs 2,095.80 as labour charges and service tax @10%.
The table shows the cost of sunscreen of two brands with and without sales tax. Which brand has a greater sales tax rate? Give the sales tax rate of each brand.
| Cost (in Rs) |
Cost + Tax (in Rs) |
|
| 1. X (100 gm) | 70 | 75 |
| 2. Y (100 gm) | 62 | 65 |
