A shopkeeper sells an article for 21384 including 10% tax however the actual rate of tax is 8% find the extra profit
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x+ 10/100*x= 21384
=>. 11/10x = 21384
=>. x= 19440 that is real price of article without tax
Now at 8% tax its price should be
x+8/100*x=19440+ 8/100*19440= 19440+1555.2 =20995.2
His profit = 21384-20995.2=388.8
=>. 11/10x = 21384
=>. x= 19440 that is real price of article without tax
Now at 8% tax its price should be
x+8/100*x=19440+ 8/100*19440= 19440+1555.2 =20995.2
His profit = 21384-20995.2=388.8
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