Question

A shopkeeper charges Rs 1242 for a fan which includes an 8% tax on it . Find the selling price without of the fan .

Answer 1

Let the selling price of fan be x
Given,
X+8% X=1242
X + (8/100) X=1242
(100X +8X)/100 =1242
X=(1242 × 100)/108
X=1150rs is the cost price without tax
Tax=1242-1150=92rs

Answer 2

Let the selling price of fan be x

Given,

X+8% X=1242

X + (8/100) X=1242

(100X +8X)/100 =1242

X=(1242 × 100)/108

X=1150rs is the cost price without tax

Tax=1242-1150=92rs