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Abhishek

· started a discussion

· 1 Months ago

EXPLAINATION (Question: 79735.0 )

SUPPOSE TAX 20% IS PROFIT PERCENTAGE , AND 800 IS SELLING PRICE.
NOW CALCULATE COST PRICE WHICH IS ORIGINAL PRICE OF BIKE.

C.P.=(S.P./100+20)*100

Question:
Mohan purchased a bike for Rs 800/- including sales tax of 20%. Find the actual price of the bike? 
Options:
A) Rs.666.67
B) Rs.600
C) Rs.1000
D) Rs.900
Solution:
Ans: (a) \(\cfrac{800×100}{120}=\cfrac{2000}{3}\) = 666.67

Knowledge Expert

· commented

· 1 Months ago

Dear Student,
please refer the solution,
Actual price = x
x + 20x/100 = 800
x= 666.67 RS

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