Question

a shopkeeper marks up the listed price of an article by 8%but allows a discount of 5 % on the raised price .he sell it at rs 677.16 inclusive of a sales tax of 10% on the price asked for. find the listed price of the article.

Answer 1

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Let's work backward to get to the answer.

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Sales Price with tax = Rs 677.16 (Given)

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Find Sales Price without tax :

100% + 10% = 110%

110% = 677.16

100% = 677.16/110 x 100 = Rs 615.6

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Find Price before discount:

100% - 5% = 95%

95% = 615.6

100% = 615.6/95 x 100 = Rs 648

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Find Price before markup:

100% + 8% = 108%

108% = 648

100% = 648/108 x 100 = Rs 600

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Answer: The list price is Rs 600

Answer 2

Step-by-step explanation:

I HAVE GIVEN STEP BY STEP EXPLANATION