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Cost of product  2568rs Sale tax @ 7% Customer wants to purchase it in such manner that he will pay 2568rs inclusive of tax . Reduction in price needed?
Asked by visheshagra1998 | 17 Sep, 2019, 16:58: PM
answered-by-expert Expert Answer
Let the reduced price be Rs x
So, x + 7% of x = 2568
rightwards double arrow x plus 7 over 100 x equals 2568
rightwards double arrow 107 x equals 2568 cross times 100
rightwards double arrow x equals fraction numerator 2568 cross times 100 over denominator 107 end fraction
rightwards double arrow x equals 2400
So, the redured price id Rs 2400
Reduction in the price = 2568-2400= Rs 168
Answered by Renu Varma | 17 Sep, 2019, 17:51: PM
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