Find the buying price of each of the following items when a sales tax of 8.5% is added onthem. (1) a towel of 50. (2). Two bars of soap at 35 each
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Cost price for towel = 50
Buying price of towel = 50 x 108.5/100 = Rs54.25
Cost price of 2soaps = 35 x 2 = Rs.70
Buying price of two bar soaps = 70 x 108.5/100 = Rs. 75.95
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Answer:
A) a towel of 50
Price of towel without tax = Rs.50
Tax = 8.5%
Price with tax =
=
=
Price of towel with tax= Rs.54.25
B)Two bars of soap at 35 each
Cost of 1 soap = Rs.35
Cost of 2 soaps = Rs.70
Price with tax =
=
=
So, price of two bars of sap at rs.35 each including tax = Rs.75.95
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