Question

A toy is purchased for Rs. 591.36 which includes 12% rebate on the printed price and 12% Sales Tax on the sale price of the toy. Find the printed price of the toy.

• A. Rs. 300
• B. Rs. 450
• C. Rs. 550
• D. Rs. 600

Answer 1

Answer: (D)

Rs. 600

Let the sales price of the toy=Rs.x

Then according to the question

$\Rightarrow x-\frac{12x}{100}=591.36$

$\Rightarrow \frac{100x-12x}{100}=591.36$

$\Rightarrow 88x=591.36\times 100$

$\Rightarrow x=\frac{59136}{88}=Rs.672$

Let the printed price =Rs.y

$\therefore y+\frac{12y}{100}=672$

$\Rightarrow \frac{100y+12y}{100}=672$

$\Rightarrow y=\frac{672\times 100}{112}=Rs.600$