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Sreekar purchases an article for Rs. 520...

Sreekar purchases an article for Rs. 5200. If the rate of sales tax is 4%, find the marked price of the article.

Text Solution

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Let the marked price of the article be Rs. 100x.
Sales tax =4% of 100x=Rs. 4x.
Total selling price of the article =Rs. 104x.
Given that 104x=5200
x=50.
`therefore` Marked price =100x
`=100xx50= Rs. 5000`.
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