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Question

Rakesh bought a radio for Rs. 1296. This price includes a discount of 20 % offered on the markred price and 8 % sales tax on the remaining amount. Find the marked price of the radio.

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Solution

Let the marked price of the radio be Rs. x.
Discount offered = 20 % of x = 20100×x=x5Rs.

The price of the radio after discount = xx5=4x5Rs.

Sales tax charged = 8 % of 4x/5 = 8100×4x5

The cost of radio, inclusive of sales tax = [4x5+8100×4x5]=[2725×4x5] Rs.

Therefore,
2725×4x5=1296

x=Rs.1500

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