Question

The
Rs 8340
Sale price of Chair is
including Sale tar @ 17%
Find orginal price of Chair?​

Answer 1

Original price of chair is ₹7128

Step-by-step explanation:

GIVEN

Selling Price = ₹8340

Tax = 17%

___________________________

TO FIND

Original price of chair

___________________________

We know that,

Original Price = ( Selling Price × 100 ) / ( 100 + Tax Percent )

Original Price = ( 8340 × 100 ) / ( 100 + 17 )

Original Price = 834000 / 117

Original Price = 7128

Original Price = ₹7128

Original price of chair is ₹7128

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IMPORTANT

When selling price and loss percent is give and we have to find the cost price

Then

Cost Price = ( Selling Price × 100 ) / ( 100 - Loss Percent )

When selling price and profit percent is give and we have to find the cost price

Then

Cost Price = ( Selling Price × 100 ) / ( 100 + Profit Percent )

If the profit percent is given and we have to find the selling price

Then

Selling Price = ( 100 + Profit% ) × cost price / 100

If the loss percent is given and we have to find the selling price

Then

Selling Price = ( 100 - Loss% ) × cost price / 100