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Smith buys an article marked at Rs 2,200...

Smith buys an article marked at Rs 2,200. The rate of tax is 12%. He asks the shopkeeper to reduce the price of the article to such an extent that he does not have to pay anything more than Rs 2.240 including tax. Calculate the reduction, as percent, needed in the marked price of the article.

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The correct Answer is:
`9 1/11%`
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ICSE-PROFIT, LOSS AND DISCOUNT -EXAMPLES
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  6. A dealer allows his customers a discount of 25% and still gains 25%. I...

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  8. Find a single discount (as percent) equivalent to successive discounts...

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  9. An article is sold at two successive discounts of 50% each. Find the s...

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  10. Rohit purchased a pair of shoes costing Rs 850. Calculate the total am...

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  11. Mr. Gupta purchased an article for 702 including tax. If the rate of t...

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  12. Geeta purchased a face-creasm for Rs 79.10 including tax. If the print...

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  13. Mrs. Sharma purchased confectionery goods costing 165 on which the rat...

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  14. Smith buys an article marked at Rs 2,200. The rate of tax is 12%. He a...

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  15. The price of an article inclusive of 12% tax is Rs 2016. Find its mark...

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  16. In an intra-state transaction, goods Rs 20,000, are bought. If GST rat...

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  17. In an intra-state transaction, goods worth Rs 20,000 are bought at 40%...

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  18. In an inter-state transaction, goods worth Rs 15,000 are bought at 20%...

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  19. Some financial related services are provided by a bank in Delhi. How m...

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  20. A dealer in Mumbai sells two different goods/services to Amar in the s...

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