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Question

The price of TV set inclusive of sales tax of 9% is Rs 13,407. Find its marked price. If the sales tax is increased to 13%. how much more does the customer pay for the TV?

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Solution

Let M.P. be Rs x
Then, 13407 = x + 9% of
13407=x+9100x
13407=109100x
13407×100109=x
x = 12300
Hence, marked price is Rs 12300
Sales tax = 13% of Rs 12300
=Rs 13100×12300=Rs 1599
Amount to be paid = Rs 12300 + Rs 1599 = Rs 13899
Extra amount to be paid = Rs 13899 - Rs 13407 = Rs 492

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