The sale price of an article including the sales tax is Rs. 1232. The rate of sales tax is 10%. If the shopkeeper has made a profit of 12%, then the cost price of the article is = ?

  • 1Rs. 900
  • 2Rs. 950
  • 3Rs. 1000
  • 4Rs. 1120
Answer:- 4
Explanation:-

Solution:
Let the cost price of article be Rs. x
Profit = 12%
Rate of sales tax = 10%
Sale price of an article including sales tax = Rs. 1232
According to the question, 112x100+112x×1010000=12321120x+112x1000=12321232x=1232×1000x=Rs1000

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", "dateCreated": "7/24/2019 10:09:12 AM", "author": { "@type": "Person", "name": "Nitin Sir" } }, "suggestedAnswer": { "@type": "Answer", "text": "
Solution:
Let the cost price of article be Rs. x
Profit = 12%
Rate of sales tax = 10%
Sale price of an article including sales tax = Rs. 1232
According to the question, 112x100+112x×1010000=12321120x+112x1000=12321232x=1232×1000x=Rs1000 ", "dateCreated": "7/24/2019 10:09:12 AM" } }
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