Guneet purchased a mixer grinder by paying Rs. 945 which includes a rebate of 10% on themarked price and and a sales tax of 5%. Find the marked price of the mixer grinder?
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Answer:
Marked price of the grinder is Rs 1000
Step-by-step explanation:
Let the marked price = X.
Rebate = 10 %
Price after giving rebate =( (100-10) /100) ×X = 0.9X.
Sales tax = 5%.
Therefore price of the grinder =((100+5) /100) × 0.9X =1.05×0.9X.
Now as per guestion,
1.05×0.9X =945.
X = 945/(1.05×0.9) = 1000.
Therefore marked price of the grinder is Rs1000.
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