When the rate of Tax is decreased from 9% to 6% for a coloured T.V.; Mrs Geeta will save Rs.780 in buying this T.V. Find the list price of the T.V.

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Solution

Rate of sales tax in the beginning = 9%
and Reduced ratea = 6%
$∴$ Diff. = 9-6 = 3%
Total saving = Rs. 780
$∴$ List. price of TV = Total saving $\times \frac{100}{3}$
= $\frac{780 \times 100}{3} = R s . 26000$

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When the rate of Tax is decreased from 9% to 6% for a coloured T.V.; Mrs Geeta will save Rs.780 in buying this T.V. Find the list price of the T.V.

Rate of sales tax in the beginning = 9% and Reduced ratea = 6% ∴ Diff. = 9-6 = 3% Total saving = Rs. 780 ∴ List. price of TV = Total saving ×1003 = 780×1003=Rs.26000

Rate of sales tax in the beginning = 9%
and Reduced ratea = 6%
$∴$ Diff. = 9-6 = 3%
Total saving = Rs. 780
$∴$ List. price of TV = Total saving $\times \frac{100}{3}$
= $\frac{780 \times 100}{3} = R s . 26000$