Latest general Aptitude Question SOLUTION: If X bought an article for Rs. 374, which includes a discount of 15% on marked price and a sales tax of 10% on the reduced price, then what is the marked price of an article?

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(#M40009599) GENERAL question Keep an EYE

If X bought an article for Rs. 374, which includes a discount of 15% on marked price and a sales tax of 10% on the reduced price, then what is the marked price of an article?

Asked In general Devendra Marghade (12 years ago)

Solved Vignesh Read Solution (1)

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Read Solution (1) :

Vignesh  (12 years ago)

Rs.400 is the marked price of an article.


Let marked price be Rs. x, Discount = 15%, Rate of Sales Tax = 10%.

Discount on Rs. x = 15% of x = (15/100) x = 15x/100.

Price after discount = x – 15x/100 = 85x/100.

Sales Tax = 10% of 85x/100 = (10/100)(85x/100) = 85x/1000.

Price including sales tax = 85x/100 + 85x/1000 = 935x/1000.

As per question, 935x/1000 = Rs. 374

Therefore,
x = Rs. 374(1000/935) = Rs. 400.

Hence, marked price = Rs. 400

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