Question

An article is available for Rs 1430 inclusive of sales tax at the rate of 10% . Find it's list price . What will be it's selling price of the rate of sales tax changes to 12% ?

Answer 1

Given :

• The article is available for Rs 1430
• Inclusive of sales tax at the rate of 10% .

To find :

• List price

Solution

Sale price = Rs 1430

Rate of sale tax = 10%

Let list price be Rs x

Therefore ,

Sale price = List price + Sales tax

$1430 = x + \frac{10}{100} \times x$

$x = \frac{1430 \times 100}{110} = rs \: 1300$

or

Hence , the list price = Rs 1300

Now , If the rate of sale tax = 12%

Then ,

Sale price will become

$= 1300 + \frac{12}{100} \times 1300 = 1300 + 156 = 1456$

= Rs 1456

Answer 2

Rs 1456

List price is Rs 1456