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A shopkeeper announces a discount of 10% on a washing machine set. The marked price of washing machine is 12000.how much will a customer have to pay for buying the washing machine set if the rate of sales tax is 8%? (i) The VAT paid by the shopkeeper (ii) Total amount that the consumer pays for the washing machine. |
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Answer» Given Discount = 10%, m. p = Rs.12,000, S.T = 8% Amount paid = S.P =? Discount of 10% on mp = 10% of Rs.12,000 New m.p=12,000 – 1,200 = Rs.10,800 \(=\frac{10}{100}\times 12,000 = 71,200\) ∴ Total amount to be paid = 10,800+8% of 10,800 \(= 10,800 + \frac{8}{100}\times 10,800 \) = 10,800 + 864 = Rs.11,664 |
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