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:
Choose the correct choice:
A) 500
B) 334
C) 555
D) 664
E) 5598
110% of S.P. = 616   S.P. = (616 * 100)/110 = Rs. 560   C.P = (110 * 560)/112 = Rs. 500   500nswer: Option 500
<result>A</result>
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: