Chloe bought an article for $374 which included discount 15% on the MP and a sales tax of 10% on the reduced price. Find the market price of the article.
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Let the marked price be x
discount of 15%
price will be x - 15%of x = x - 0.15x = 0.85x
now, sales tax = 10% of 0.85x
=(10/100) ×0.85x = 0.085x
now SP will be (0.85x +0.085x) = 0.935x
But SP = $374
⇒0.935x = $374
=x = $374/0.935 = $400
discount of 15%
price will be x - 15%of x = x - 0.15x = 0.85x
now, sales tax = 10% of 0.85x
=(10/100) ×0.85x = 0.085x
now SP will be (0.85x +0.085x) = 0.935x
But SP = $374
⇒0.935x = $374
=x = $374/0.935 = $400
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