A discount of 15% is given on the marked price of an article. The shopkeeper charges sales tax of 6% on the discounted price. If the selling price be Rs.1081.20, what is the marked price of the article?

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BANK PO Exam (Indian Overseas Bank) 2013 click here to view all questions

A discount of 15% is given on the marked price of an article. The shopkeeper charges sales tax of 6% on the discounted price. If the selling price be Rs.1081.20, what is the marked price of the article?

ARs.1185.20

BRs.1250.20

CRs.302

DRs.1200

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Correct answer is: Rs.1200 Explanation: If the marked price of the article be x, then Price after discount of 15% $= \text{Rs. } \frac{85x}{100}$ $= \text{Rs. }\frac{17x}{20}$ Actual S.P. $= \text{Rs. } \frac{17x}{20} \times \frac{106}{100}$ $\implies \frac{17x}{20} \times \frac{106}{100}$ $\implies x= \frac{1081.20 \times 20 \times 100}{17 \times 106}$ x = Rs.1200 Nithin ? answered undefined All Comments

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