Before the budget, a business had increas… | Answer

Subject

Bank Exam

Topic

Exim Bank Trainee Officer 2014

Before the budget, a business had increased the price of his product by 12% . in the budget, a 10% sales tax (to be paid by the seller) was imposed on that product. As a result, the profit ultimately increased by Tk. What was the original selling price?
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ক)

Tk. 8500

খ)

tk. 8000

গ)

tk. 9000

ঘ)

tk. 9500

Explanation

suppose, real selling price x tk 12% increase, selling price =(x+12x/100)=112x/100 as 10% tax, total tax is = (112x/100 X 10/100)=112x/1000 here, 112x/100 – (x+112x/1000)=64 or,1120x-1112x/1000=64 or,8x=64000 or,x=8000 so,real selling price 8000 tk

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Before the budget, a business had increased the price of his product by 12% . in the budget, a 10% sales tax (to be paid by the seller) was imposed on that product. As a result, the profit ultimately increased by Tk. What was the original selling price?Reading

Before the budget, a business had increased the price of his product by 12% . in the budget, a 10% sales tax (to be paid by the seller) was imposed on that product. As a result, the profit ultimately increased by Tk. What was the original selling price?

Explanation

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Before the budget, a business had increased the price of his product by 12% . in the budget, a 10% sales tax (to be paid by the seller) was imposed on that product. As a result, the profit ultimately increased by Tk. What was the original selling price?
Reading