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Vikram purchased a TV for Rs. 13,500 inc...

Vikram purchased a TV for Rs. 13,500 including sales tax. If the rate of sales tax is 8%, then the list price of the TV is ____. (in Rs.)

A

13100

B

12800

C

12500

D

11950

Text Solution

AI Generated Solution

The correct Answer is:
To find the list price of the TV purchased by Vikram for Rs. 13,500 including sales tax at a rate of 8%, we can follow these steps: ### Step 1: Understand the relationship between the list price, sales tax, and total price. The total price (including sales tax) can be expressed as: \[ \text{Total Price} = \text{List Price} + \text{Sales Tax} \] Where the sales tax is a percentage of the list price. ### Step 2: Express the sales tax in terms of the list price. If the list price is denoted as \( P \), then the sales tax can be calculated as: \[ \text{Sales Tax} = \frac{8}{100} \times P = 0.08P \] Thus, the total price can also be expressed as: \[ \text{Total Price} = P + 0.08P = 1.08P \] ### Step 3: Set up the equation using the total price. Given that Vikram purchased the TV for Rs. 13,500, we can set up the equation: \[ 1.08P = 13,500 \] ### Step 4: Solve for the list price \( P \). To find \( P \), divide both sides of the equation by 1.08: \[ P = \frac{13,500}{1.08} \] ### Step 5: Calculate the value of \( P \). Now, performing the division: \[ P = \frac{13,500}{1.08} \approx 12,500 \] ### Conclusion: The list price of the TV is Rs. 12,500. ---

To find the list price of the TV purchased by Vikram for Rs. 13,500 including sales tax at a rate of 8%, we can follow these steps: ### Step 1: Understand the relationship between the list price, sales tax, and total price. The total price (including sales tax) can be expressed as: \[ \text{Total Price} = \text{List Price} + \text{Sales Tax} \] Where the sales tax is a percentage of the list price. ...
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