The printed price of a system monitor is Rs. 17500. If a sales tax of 8% is realised from the buyer, find the price at which the system monitor is sold? (In Rs.)

This question was previously asked in
OSSC CGL 2022 Official Paper (Held on: 13th Oct Shift 2)
View all OSSC Combined Graduate Level Papers >
  1. 18940
  2. 18920
  3. 18960
  4. 18900

Answer (Detailed Solution Below)

Option 4 : 18900
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Detailed Solution

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Given:

Printed price = Rs. 17500

Sales tax = 8%

Calculation:

From the given data,

Selling price 8% more than the printed price

Sales tax is

⇒ 8% of 17500

⇒ 1400

Add the sales tax with printed price

⇒ 17500 + 1400

⇒ 18900

The system is sold at the price of Rs. 18900.

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