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Explanation:
Question

Find the buying price of each of the following items when a sales tax of 8.5% is added on them.
(i) a towel of Rs.50 (ii) Two bars of soap at Rs.35 each.
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Solution

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Step I: Apply the formula of the buying price to calculate Price of Soap and Towel
As we know that Buying price = Marked price + Sales tax
So, Buying price of towel=Rs.50+1008.5×50
So, Buying price of towel=Rs.50+4.25=Rs.54.25
Also, Buying price of 2 bars of soap=2×(Rs.35+1008.5×35)
Also, Buying price of 2 bars of soap=2×Rs.37.975=Rs.75.95
Hence, buying price of a towel is Rs. 54.25 and that of 2 soaps is Rs. 75.95
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