During COVID-19 Global lock down, there is  short supply of cycles in the market in the month of April 2020. Al Maha Cycle store raises the price of a cycle by 5% above the list price and charges a VAT of 10 % on the increased price. A customer has to pay RO 2650 for the cycle (including VAT).   Find out the list price of the cycle.             Due to short supply of cycles, cycle store increased the cycle price. Critically discuss

Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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During COVID-19 Global lock down, there is  short supply of cycles in the market in the month of April 2020. Al Maha Cycle store raises the price of a cycle by 5% above the list price and charges a VAT of 10 % on the increased price. A customer has to pay RO 2650 for the cycle (including VAT).  

  1. Find out the list price of the cycle.            
  2. Due to short supply of cycles, cycle store increased the cycle price. Critically discuss
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