Home
Class 8
MATHS
The price of a washing machine, inclusiv...

The price of a washing machine, inclusive of Tax, is Rs 13,530/-. If the tax is 10%, find its basic (cost) price.

Text Solution

AI Generated Solution

The correct Answer is:
To find the basic (cost) price of the washing machine, we can follow these steps: ### Step 1: Define the variables Let the basic cost price of the washing machine be denoted as \( x \). ### Step 2: Understand the tax implication The tax on the washing machine is given as 10%. Therefore, the tax amount can be expressed as: \[ \text{Tax} = 10\% \text{ of } x = 0.1x \] ### Step 3: Write the total price equation The total price of the washing machine, which includes the basic cost price and the tax, can be written as: \[ \text{Total Price} = \text{Basic Cost Price} + \text{Tax} = x + 0.1x = 1.1x \] ### Step 4: Set up the equation with the given total price According to the problem, the total price of the washing machine is Rs 13,530. Therefore, we can set up the equation: \[ 1.1x = 13,530 \] ### Step 5: Solve for \( x \) To find \( x \), we can divide both sides of the equation by 1.1: \[ x = \frac{13,530}{1.1} \] ### Step 6: Calculate \( x \) Now, we perform the division: \[ x = \frac{13,530}{1.1} = 12,300 \] ### Conclusion The basic (cost) price of the washing machine is Rs 12,300. ---
Promotional Banner

Topper's Solved these Questions

  • PROFIT, LOSS AND DISCOUNT

    ICSE|Exercise EXERCISE 8 (F)|9 Videos
  • PROFIT, LOSS AND DISCOUNT

    ICSE|Exercise EXAMPLES|35 Videos
  • PROFIT, LOSS AND DISCOUNT

    ICSE|Exercise EXERCISE 8 (D)|26 Videos
  • PROBABILITY

    ICSE|Exercise Exercise|54 Videos
  • RATIONAL NUMBERS

    ICSE|Exercise Exercise 1(E )|8 Videos

Similar Questions

Explore conceptually related problems

The price of a T.V set inclusive of VAT is Rs 13,530. If the rate of VAT is 10%, find its basic price.

The price of an article inclusive of 12% tax is Rs 2,016. Find its marked price.

The cost of furniture inclusive of VAT is Rs 7150. If the rate of VAT is 10%, find the original cost of the furniture.

The sales price of a television, inclusive of VAT, is Rs 13500. If VAT is charged at the rate of 8% of the list price, find the list price of the television.

The price of an article inclusive of 12% tax is Rs 2016. Find its marked price. If the tax is reduced to 7% , how much less will the customer pay for the article.

The price of a T.V. set inclusive of tax of 9% is Rs 13,407. Find its marked price. If tax is increased to 13%, how much more does the customer has to pay for the T.V. set ?

A man sold a washing machine for Rs. 13200, thus earning a profit of 10%. Find the cost price of the machine.

Find the sale price of a table for which the cost price is Rs 650 and the gain is 6% .

By selling an article for Rs 382.50 a man loses 15%. Find its cost price.

List price of a washing machine is Rs 9000. If the dealer allows a discount of 5% on the cash payment, how much money will a customer pay to the dealer in cash, if the rate of VAT is 10%?