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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. - Mathematics

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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.

Sum
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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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Chapter 2: Sales Tax and Value Added Tax - Exercise 2.1 [Page 35]

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Frank Mathematics - Part 2 [English] Class 10 ICSE
Chapter 2 Sales Tax and Value Added Tax
Exercise 2.1 | Q 25 | Page 35
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