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Q - ICSE Class 10 - Mathematics

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Question

Q

Solution

(i) Let the cost price of an article (excluding tax) to the first dealer br Rs. x.
Now, C.P. of an article to a dealer including tax (8%) = Rs. 40500
⇒ x + 8% × x = 40500
⇒ `108/100` x = 40500
⇒ x = 37500

Thus, the cpst of an article to the first dealer is Rs. 37500

(ii) Now, tax received by Government
= 8% of Rs. (42500 - 3000)
= 8% of Rs. 45500
= `8/100` × Rs. 45500
= Rs. 3640

(iii) The amount that a customer pays for the article
= Rs. (42500 + 3000 + 3640)
= Rs. 49140

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Solution Q Concept: Computation of Tax.
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