The sale price of an article including the sale tax is Rs. 616. The rate of sal

Question

The sale price of an article including the sale tax is Rs. 616. The rate of sale tax is 10% . If the shopkeeper has made a profit of 12%, the cost price of the article is:

Answer: Option A
- 110% of S.P. = 616
= S.P. = Rs.(616 x 100/110) = Rs.560.
C.P. = Rs (100/112 x 560)
= Rs 500

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