Question

1) An item is marked at Rs. 720. If sales tax levied is 4%, what amount does the customer pay to buy it.
2.)A watch is marked for Rs. 24000 with discount price of Rs. 22980, if payment is made cash. Find the discount percent offered by the shopkeeper.

Answer 1

Answer:

1) Bill Amount = ₹748.80

2) Discount% = 4.625%

Step-by-step explanation:

1) MP of an item = ₹720

Tax = 4% of MP = 4/100 × 720 = ₹28.80

Bill Amount = MP + tax

= ₹720 + ₹28.80

= ₹748.80

2) MP = ₹24000

Price after discount = ₹22980

Discount = ₹24000 - ₹22980

Discount = ₹1110

Discount% = 1110/24000 × 100

= 4.625%