Question

A shopkeeper sells an article to a customer after allowing a discount of 20% and then charging tax at the rate of 10%. If the customer pays 1408 to the shopkeeper, find the marked price of the article.​

Answer 1

Answer:

1. 340

Step-by-step explanation:

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Answer 2

Answer:

Step-by-step explanation:

Find the discounted price in term of x:

205 discount = 20% of x = 0.2x

Price after discount = x - 0.2x = 0.8x

Find the sales tax (on marked price):

Sales Tax = 5% of x = 0.05x

Find the service tax (on discounted price):

Service Tax = 5% of 0.8x = 0.05(0.8x) = 0.04x

Solve x:

Customer paid Rs2670

0.8x + 0.05x + 0.04x = 2670

0.89x = 2670

x = 2670 ÷ 0.89

x = Rs 3000

Answer: The marked price is Rs 3000

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