The sale price of an article including the sales tax is Rs. 616. The rate of sales tax is 10%. If the shopkeeper has made a profit of 12%, then the cost price of the article is :
A. Rs. 500
B. Rs. 530
C. Rs. 560
D. Rs. 514
Answer:A
The sale price of an article including the sales tax is Rs. 616. The rate of sales tax is 10%. If the shopkeeper has made a profit of 12%, then the cost price of the article is :
A. Rs. 500 B. Rs. 530 C. Rs. 560 D. Rs. 514