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 = x−x5=4x5Rs.
Sales tax charged = 8 % of 4x/5 = 8100×4x5
The cost of radio, inclusive of sales tax = [4x5+8100×4x5]=[2725×4x5] Rs.