# Find the rate of discount when M_P=Rs 2500 and S.P =Rs_2350 The price of a T. V set inclusive of sales tax is RS 33660_If the rate of sales tax is 10% find its basic price.

1 answer

###### Question:

Find the rate of discount when M_P=Rs 2500 and S.P =Rs_2350 The price of a T. V set inclusive of sales tax is RS 33660_If the rate of sales tax is 10% find its basic price.

## Answers

Answer:Step-by-step explanation:The question is in two partsFor the first part;Mark up price = 2500Selling price = Rs 2350To get the discount rate we will use the expressionDiscount = MP-SP/MP× 100Discount = 2500-2350/2500 × 100Discount =150/2500 × 100Discount percent = 150/25discount percent = 6%For the second part;Cost of TV = Rs 33660 (including tax)Sales tax = 10%Increment = 10% of 33660Increment = 0.1×33660Increment = Rs 3366Basic price = sales price (including tax)-incrementBasic price = 33660-3366Basic price = Rs 30,294

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