Question

The sales tax on 'Khadi Silk' is 4%. If the marked
price of a 'Khadi Silk saree is 875, how much
I would have been the cost price?​

Answer 1

$\fontsize{18}{10}{\textup{\textbf{The cost price was Rs. 841.37.}}}$

Step-by-step explanation:

Let the cost price of the Khadi silk saree be Rs. x.

Then, according to the given information, we have

$x+4\%\times x=875\\\\\Rightarrow x+\dfrac{4}{100}x=875\\\\\\\Rightarrow x+\dfrac{x}{25}=875\\\\\\\Rightarrow \dfrac{26}{25}x=875\\\\\\\Rightarrow x=\dfrac{875\times25}{26}\\\\\\\Rightarrow x=841.37.$

Thus, the required cost price was Rs  841.37.

#Learn more

Question : I sold a chair at a profit of 10%. Had it been sold for ₹75 more profit would have been 15%. Find the cost price of the chair.​

Link : https://brainly.in/question/12687906.