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A shopkeeper raises the price of a cycle by 5% above the market price and charges 12% saves sales tax on the market price. As a result, a customer has to pay Rs. 4680 for the cycle. What is the market price of the cycle?
  1. 4200
  2. 3950
  3. 4000
  4. None of these
Explanation

Market price = x

Price after 5% increase = x + 0.05x = 1.05x

Sales tax = 12% of x = 0.12x

Total price paid by customer = 1.05x + 0.12x = 1.17x

Given that the total price paid is Rs. 4680:

1.17x = 4680

x = 4680 / 1.17

x = 4000

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اس سوال کو وضاحت کے ساتھ پڑھیں

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اس سوال کو وضاحت کے ساتھ پڑھیں

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اس سوال کو وضاحت کے ساتھ پڑھیں

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  3. 30000
  4. None of these
اس سوال کو وضاحت کے ساتھ پڑھیں

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