An article is available for Rs.1430 inclusive of sales tax at the rate of 10%. Find its list price. What will be its selling price if the rate of sales tax increase by 12% .
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Let the List Price is Rs100
Sale tax =10%
Selling price with Sale tax = 100*110/100= Rs110
When SP is Rs110, List Price is Rs 100
When SP is Rs1430, List Price is 1430*100/110=
Rs1300
Therefore ,List Price of the Article = Rs 1300.
If sale tax = 12%
then sp = (1300*112)/100 = Rs 1356
Hope it will help
Sale tax =10%
Selling price with Sale tax = 100*110/100= Rs110
When SP is Rs110, List Price is Rs 100
When SP is Rs1430, List Price is 1430*100/110=
Rs1300
Therefore ,List Price of the Article = Rs 1300.
If sale tax = 12%
then sp = (1300*112)/100 = Rs 1356
Hope it will help
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