Question

A tv costs rupees 29430 inclusive of sales tax.if the sales tax is charged at the rate of 9 percent of the cost price.Find the list price

Answer 1

Let the cost price be x.
Sales tax is charged 9% of cost price = 9x/100
Selling price= x+9x/100= 109x/100.
Also selling price=29430.

So, 109x/100=29430.
x= 29430/109 × 100.
= 27000.

Hope it helps.