Guneet purchased a mixer grinder by paying Rs945 which includes a rebate of 10%on the marked price and a sales tax of 5% find the marked price of the mixer grinder
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Answer:
The marked price is Rs803.25
Step-by-step explanation:
The Rs945 is inclusive of the 10% rebate and the 5% tax. We therefore have to calculate the value of the rebate, which is 10% of 945 and the tax ,which is 5% of 945, then subtract their summation from 945 to get the marked price.
(945 × 10) / 100 = 94.5 - rebate
(945 × 5) / 100 = 47.25 - tax
94.5 + 47.25 = 141. 75
945 - 141.75 = 803. 25
This 803.25 is the market price.
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