Question

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.

Answer 1

Let the basic price of the soooter be x 

Rate of sales tax = 11 %

Therefore, total price of the T.V. set = 

Rs  `"x"  + ("x" xx 11)/100`

= Rs `(111  "x")/100`

Total price of the soooter given = Rs 37,462.50 

`therefore (111 "x")/100 = "Rs"  37462.50`

⇒  111 x - Rs 37,46,250 

⇒ x = Rs `3746250/111`

⇒ x = Rs 33750

Hence, the basic price of the soooter = Rs 33, 750