The price of a CPU is Rs. 19376 inclusive of sales tax. If the rate of sales tax is 12%, find the printed price of the CPU. (In Rs.)

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OSSC CGL 2022 Official Paper (Held on: 11th Oct Shift 2)
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  1. 17300
  2. 17600
  3. 17400
  4. 17500

Answer (Detailed Solution Below)

Option 1 : 17300
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Detailed Solution

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Given:

The price of a CPU = Rs. 19376

The rate of sales tax = 12%

Formula used:

SP = M.P. × (100 + tax) %

Calculation:

19376 = M.P. × 112%

M.P. = 1937600 / 112 = Rs. 17300

Alternate Method

112% → Rs. 19376

100% → (19376/112) × 100 = Rs. 17300

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