There is a manufacturing company who sold furniture's at the rate of Rs 31,300 per unit cost which is inclusive of 5% Value added tax.

Question

There is a manufacturing company who sold furniture's at the rate of Rs 31,300 per unit cost which is inclusive of 5% Value added tax. 
calculate the basic cost (exclusive of Value added tax) for 250 furniture's sold by the company.

PsyDAG · Answer

(x+.05) = 31,300 Solve for x and multiply by 250.