. A person gets electrical goods worth 27500. He gets a rebate of 5% on the bill. If the sales tax at the rate of 5% is charged, find the amount he will have to pay for the bill?
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Sarita buys goods worth Rs 5500. She gets a rebate of 5% on it. After getting the rebate if VAT at the rate of 5% is charged, find the amount she will have to pay for the goods.
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Basically rebate means a discount, so 5% discount on 7500, would be 7500 - 5% of 7500
7500 1-3757125
NOW, the tax to be charged is 5%, this is charged on 7125 and not 7500, which is the 'TWIST' in the question. So 5% of 7125, would be 7125 + 5% of 7125 7125 +356.25= 7481.25
So the person pays a sum of 7481.25 Rs.
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