A shopkeeper sells an article for 21384 including 10% tax however the actual rate of tax is 8% find the extra profit made by the dealer
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Let the actual price of the article be x.
Price including 10% tax=21384
=>x+10/100*x=21384
=>11x/10=21384
=>x=(21384*10)/11=19440
Hence, the original price is 19440
Now price including 8% tax=19440+19440*8/100=20995.20
.: Profit made by the dealer=21384-20995.20= 388.80(Ans.)
[Note: * means Multiplication]
Price including 10% tax=21384
=>x+10/100*x=21384
=>11x/10=21384
=>x=(21384*10)/11=19440
Hence, the original price is 19440
Now price including 8% tax=19440+19440*8/100=20995.20
.: Profit made by the dealer=21384-20995.20= 388.80(Ans.)
[Note: * means Multiplication]
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