Question 42
The cost of a tape recorder is Rs 10800 inclusive of sales tax charged at 8%. The price of the tape recorder before sales tax was charged, is
The cost of tape recorder, inclusive of 8% sales tax = Rs 10800
Let the price of the tape recorder before sales tax be Rs x.
So, x+x×8100=10800
⇒ 108x100=10800⇒ x=10800108×100=100×100
x = Rs 10000
Hence, the price of the tape recorder before sales tax charged is Rs 10000