Question

Find the buying price of each of the following items when a sales tax of 5% is added on them. (i) a towel of Rs. 50
(ii) Two bars of soap at Rs. 35 each.

Answer 1

Dear Student,

◆ Answers -

(i) Buying price of towel = 52.5 Rs

(ii) Buying price of soap bars = 73.5 Rs

◆ Explaination -

(i) A towel of Rs. 50 -

Buying price of towel = market price (100 + sales tax) / 100

Buying price of towel = 50 (100+5) / 100

Buying price of towel = 52.5 Rs

(ii) Two bars of soap at Rs. 35 each -

Buying price of soap bars = market price (100 + sales tax) / 100

Buying price of soap bars = 2×35 (100+5) / 100

Buying price of soap bars = 73.5 Rs

Hope this helps you...