Prabha bought an article Rs. 374. Which included a discount of 15% on

1.	Prabha bought an article Rs. 374. Which included a discount of 15% on the market price and a sales tax of 10% on the reduced price. Find the market price of the article.
Answer» Let the market price of the article be Rs. x ∴ Discount 15% of x = 15/100 x X = 3x/20 ⇒ Remaining cost = x – 3x/20 = 17x/20 Sales tax = 10% ∴ price paid by prabha = 110/100 x 17x/20 = 187x/200 Given 187x/200 = 374 = x = 374 = 2000/187 = 400 ∴ Market price = Rs. 400

Prabha bought an article Rs. 374. Which included a discount of 15% on the market price and a sales tax of 10% on the reduced price. Find the market price of the article.

Answer»

Let the market price of the article be Rs. x

∴ Discount 15% of x = 15/100 x X = 3x/20

⇒ Remaining cost = x – 3x/20 = 17x/20

Sales tax = 10%

∴ price paid by prabha = 110/100 x 17x/20 = 187x/200

Given 187x/200 = 374 = x = 374 = 2000/187 = 400

∴ Market price = Rs. 400