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Standard VIII
Mathematics
Finding Sales Tax / VAT
A commodity i...
Question
A commodity is sold at
20
% discount, still
10
% is gained by selling it. Calculate the cost price of the article whose selling price is Rs.
220.
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Solution
S.P. M.P. C.P.
80 100
(
100
110
×
80
)
S.P. : C.P. :: S.P. : C.P.
80
:
(
100
110
×
80
)
=
220
:
x
[Using method of proportion]
∴
x
=
100
110
×
80
×
220
80
=
R
s
.
200
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