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The price of a CPU is Rs. 18055 inclusive of sales tax. If the rate of sales tax is 15%, find the printed price of the CPU. (In Rs.)
Question

The price of a CPU is Rs. 18055 inclusive of sales tax. If the rate of sales tax is 15%, find the printed price of the CPU. (In Rs.)

A.

15600

B.

15700 

C.

15400

D.

15500

Correct option is B

Selling price (including tax) = 18055
Sales tax = 15%
Let printed price = x
x + 15% of x = 18055
1.15x = 18055
x = 18055 / 1.15
x = 15700

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