Question

a refrigerator costs 16000 irs price deposits at the rate of 5% per annum during 2 years and 10% next year . what will be the price and refrigerator after 3 years
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Answer 1

Answer:

List price of the fridge = Rs, 16,000

Price of the fridge after deducting the discounts = 16000[1−(

100

10

)][1−(

100

80

)]

=16000(0.9)(0.8)=Rs.11520

Sales tax =

100

30

(11,520)=Rs.3456

The final price of the fridge = Rs.11,520+Rs.3,456=Rs.14,976