Question

A boy buy a bike, having marked price Rs 46000 at discount of 5%.If VAT is charged at the rate of 10%,find the amount that he pays to purchase the bike.

Answer 1

afterdiscount price of bike=46000-46000of5%
=46000-460×5
=46000-2300
=43700
amounthe pay includevat=43700+43700 of10%
= 43700+4370
= 48070