ICSE Class 9 Answered
A transistor is sold for Rs.350. If the sales tax accounts for 1/10 of this and profit is 1/5 of the remainder, find the cost price of the transistor.
Asked by Ishita Singh | 06 Apr, 2013, 11:07: PM
Expert Answer
Selling price of transistor (SP) = Rs 350
Sales tax = 1/10 * SP = Rs 35
Remaining amount (RA) = Rs350-35 = Rs 315
Profit = 1/5*RA = Rs 63
Cost Price = RA - profit = Rs (315-63) = Rs 252
Answered by | 07 Apr, 2013, 07:01: AM
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