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 | 6th 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  | 7th Apr, 2013, 07:01: AM

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