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The price of an article inclusive of sales tax of 15% is Rs. 3450. Find its marked price if the sales tax is reduced to 6%. How much less does the customer pay for the article? |
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Answer» Let the marked price = ‘x ∴ x + 15% of x = 3450 ⇒ 115x/100 = 3050 ⇒ x = 3000 ∴ Market price of the article = Rs. 3000 Since new sales tax = 60% Now the customer will pay = Rs 3000 + 6% of RS 3000 = 106/100 × RS 3000 = Rs 3180 ∴ customer will pay for the article = 3450 – 3180 = 270 less |
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