Multiple choice

Mr. Gupta bought a refrigerator for Rs. 22000, which included a discount of 15% on the marked price and a sales tax of 10% on the reduced price. Find the marked price of the refrigerator.

  1. Rs. 23529.41

  2. Rs. 23000.50

  3. Rs. 23420.51

  4. Rs. 23500.50
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Let MP be x. Price after 15% discount = 0.85x. Price after 10% tax = 0.85x * 1.10 = 0.935x. 0.935x = 22000. x = 22000 / 0.935 = 23529.41.

AI explanation

Let the marked price be M; after a 15% discount, the reduced price is 0.85M. A 10% sales tax on this reduced price makes the final amount 1.10 times 0.85M, or 0.935M. Setting 0.935M equal to the purchase price of Rs. 22000 gives M = 22000 / 0.935. Dividing results in a marked price of Rs. 23529.41.

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