Dinesh bought an article of Rs. 374, which include a discount of 15% on the marked price and a sales tax of 10% on the reduced price. Find the marked price on the article.
Let marked price be Rs. X, Discount = 15%, Rates of sales tax = 10%
Discount on Rs. X = 15% of x = 15x100
Price after discount = x – (15x100) = 85x100
Sales Tax = 10% of (85x100) = 85x1000.
Price including sales tax = (85x100)+(85x1000)=(935x1000)
As per question, 935x1000 = Rs. 374
x = Rs.400
Hence, Marked Price = Rs. 400