The sale price of a motor bike is rs 44400 inclusive of tax. If tax is charged at the rate of 11% of the list price, find the list price of the motor bike.
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Step-by-step explanation:
Sale price = list price + tax
Let list price be x.
Then x = Sale - tax
According to question,
x = 44400 - 11% of X
111x/100=44400
x = Rs 40,000
List price = 40,000
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