Let's Assume the reduced price of the radio be \(Rs. x\)
According to the question, Reduced Price + Sale tax = \(Rs.\) 2568
So,
\(x + \frac{7x}{100} = 2568\)
\(= \frac{107x}{100} = 2568\)
= \(x = \frac{2568 \times 100}{107}\)
\(x = 24 \times 100 = 2400\)
So, the reduction needed in the price of the radio. = 2568 - 2400
= \(Rs. 168\)
The correct option is (C): Rs.168
A trader offers a discount of 20% on a product but still makes a profit of 10%. What is the marked price of the product if the cost price is Rs.8000?
A shopkeeper buys an item for Rs.2800 and sells it at a 15% profit. What is the selling price?
A television is sold for Rs.44,000 at a profit of 10%. What is the cost price?