Meena Kumari goes to a shop and buys a saree, costing Rs. 5225, including sales tax of 12%. The shopkeeper gives her a discount, so that the price is decreased by an amount equivalent to sales tax. The price is decreased by ( nearest value) ?
A. Rs. 615
B. Rs. 650
C. Rs. 560
D. Rs. 580
Answer: Option C
Solution(By Examveda Team)
Price of the saree including sales tax = Rs. 5225Cost price without sales tax
$$\eqalign{ & = \frac{{5225}}{{112}} \times 100 \cr & = 4665 \cr & {\text{The price decreased}} \cr & = {\text{Rs}}{\text{.}}\left( {5225 - 4665} \right) \cr & = {\text{Rs}}{\text{. }}560 \cr} $$
Related Questions on Profit and Loss
A. 45 : 56
B. 45 : 51
C. 47 : 56
D. 47 : 51
A. Rs. 2600
B. Rs. 2700
C. Rs. 2800
D. Rs. 3000
A. A neither losses nor gains
B. A makes a profit of 11%
C. A makes a profit of 20%
D. B loses 20%
A. Rs. 3,750
B. Rs. 3,250
C. Rs. 2,750
D. Rs. 2,250
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