Question

when the rate of tax is decreased from 9 %to 6% for a coloured t.v. Mrs Geeta will save 780 in buying this t.v.Find the list price of t.v.

Answer 1

let the list price be ' x '

when the tax decreased from 9% of x to 6% of x .
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decrease in tax = 9 % of x - 6 % of x

= 3% of x

money saved = 3% of x = Rs 780
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since , 3 % of x = 780

then , 100 % of x = ?

100 % of x = 100 × 780 / 3

= 78000 / 3 = Rs 26 ,000

therefore , list price of colour tv
= Rs 26, 000

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Your Answer : Rs 26, 000
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