Amna purchased a toy for Rs 660 including sales tax. If the rate of sales tax is 10%, then the selling price of the toy is _________
Solution:
The sales tax is always calculated on the sales price of an article. Therefore,
Let Sales Price of the toy = x
Sales tax is calculated on the selling price. Since the rate of sales tax is 10%, the sales tax on the toy can be calculated as:
Sales tax = (10/100) × (x) = x/10
The purchase price of the toy = x + x/10 = 11x/10
Since purchase price of the toy = Rs. 660, it implies:
11x/10 = 660
x = (660/11)(10)
= (60)(10)
= Rs. 600
✦ Try this: Amna wanted to purchase a toy at a marked price of Rs 660 excluding sales tax. If the rate of sales tax is 10%, then the selling price of the toy is _________.
Sales Tax = 10% of 660
= (10/100) × (660)
= Rs. 66
Purchase Price of the toy = Sales Price + Sales Tax
= 660 + 66
= Rs. 726
Amna purchased a toy for Rs 660 including sales tax. If the rate of sales tax is 10%, then the selling price of the toy is _________
☛ Also Check: NCERT Solutions for Class 8 Maths Chapter 8
NCERT Exemplar Class 8 Maths Chapter 9 Sample Problem 7
Amna purchased a toy for Rs 660 including sales tax. If the rate of sales tax is 10%, then the selling price of the toy is _________
Summary:
Amna purchased a toy for Rs 660 including sales tax. If the rate of sales tax is 10%, then the selling price of the toy is Rs. 600
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