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The Price of a Washing Machine, Inclusive of Sales Tax is Rs 13,530/-. If the Sales Tax is 10%, Find Its Basic Cost Price. - Mathematics

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Question

The price of a washing machine, inclusive of sales tax is Rs 13,530/-. If the sales tax is 10%, find its basic cost price.

Solution

The selling price of washing machine = Rs 13,530

Rate of sales tax = 7%

`∴ "Cost price" = ("Selling price"xx100)/((100+"Rate of sales tax"))`

`= (13530 xx 100)/(100 + 10)`

`= 1353000/110`

= Rs. 12300

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APPEARS IN

 Selina Solution for Concise Mathematics - Middle School Class 8 ICSE (2020 (Latest))
Chapter 8: Profit, Loss and Discount
Exercise 8 (E) | Q: 3 | Page no. 101

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Solution The Price of a Washing Machine, Inclusive of Sales Tax is Rs 13,530/-. If the Sales Tax is 10%, Find Its Basic Cost Price. Concept: Computation of Tax.
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