Sale price of a TV including sales tax is ₹ 27000. If sale tax is 8% , what is original price of TV
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Original Price = ₹2500
Step-by-step explanation:
GIVEN
Selling Price = 27000
Tax = 8%
___________________________
TO FIND
Original Price
___________________________
We know that,
Cost Price = ( SP × 100 ) / ( 100 + Profit Percent )
Cost Price = ( 2700 × 100 ) / ( 100 + 8 )
Cost Price = 270000 / 108
Cost Price = 2500
Cost Price = ₹2500
Original Price = ₹2500
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