1. Seema purchased a car with a market price of 2,25,000 at a discount of 5%. If tax is charged
at the rate of 12%, find the amount paid for purchase of the car
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239400
Step-by-step explanation:
Discount on market price = 5%
So then
discount amount 225000×5/100 =11250Rs
After 5% discount of market price
Car price before tax applying discount= 225000-11250=213750
And then
12% of tax charge after discount
So
12% tax= 213750×12/100=25650 Rs tax paid
And then
Final purchase price of car =213750+25650
=239400
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