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The Total Cost of a Refrigerator Including Sales Tax is Rs 30,940.If the Rate of Sales Tax is 12%, Find the Basic Price of the Refrigerator. - Mathematics

Sum

The total cost of a refrigerator including sales tax is Rs 30,940.If the rate of sales tax is 12%, find the basic price of the refrigerator.

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Solution

Let the basic price of the refrigerator be x 

Rate of sales tax = 12 % 

Therefore, total price of the refrigerator =

`"Rs"  ("x" + ("x" xx 12)/100)` 

= Rs `(112  "x")/100`

Total cost of refrigerator given= Rs 30,940 

`therefore (112  "x")/100` = Rs 30940

⇒ 112 x = Rs30, 94, 000 

⇒ x = Rs `3094000/112`

⇒ x = Rs 27625

Hence, the basic price of refrigerator = Rs 27,625 

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APPEARS IN

Frank ICSE Class 10 Mathematics Part 2
Chapter 2 Sales Tax and Value Added Tax
Exercise 2.1 | Q 9 | Page 34
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