please give answer urgently
John goes to a shop to buy a bicycle quoted at ₹ 1000. The rate of ssles tax is 12% on it. He asks the shopkeeper for a rebate on the price of the bicycle to such an
extent that he has to pay ₹1008, inclusive of sales tax. Find the rebate percentageon the price of the bicycle.
Answers
Answered by
1
Step-by-step explanation:
SP = 1008, ST = 12% Let MP = X SP = MP + 12% MP ∴ 1008 = x + 0.12% ⇒ x = 900 ⇒ Rebate = 1000 – 900 = Rs. 100 Rebate % = 100/1000 x 100 = 10%
Similar questions