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.

Answer 1

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