A shopkeeper bought a TV at a discount of 30% the listed price of rupees 24,000 the shopkeeper offers a discount of 10% on the listed price to a customer is a value added tax is 10% find 1.the amount paid by the customer and 2.the value added tax to be paid by the shopkeeper
Answers
in case of buying :):):):)
Answer:
The amount paid by the customer is Rs 23760 .
The value added tax to be paid by shopkeeper is Rs 480 .
Step-by-step explanation:
As given
A shopkeeper bought a TV at a discount of 30% the listed price of rupees 24,000 the shopkeeper offers a discount of 10% on the listed price to a customer is a value added tax is 10% .
First part
30% is written in the decimal form
= 0.30
30% of the listed price = 0.30 × Listed price of the TV
Put all the values in the formula
30% of the listed price = 0.30 × 24000
= Rs 7200
Cost price for the TV for shopkeeper = Listed price of the TV - 30% of the listed price .
Cost price for the TV for shopkeeper = Rs 24000 - Rs 7200
= Rs 16800
10% is written in the decimal form
= 0.10
10 % of the listed price = 0.10 × Listed price of the TV
= 0.10 × 24000
= Rs 2400
Cost price for the customer = Listed price of TV - 10% discount
= Rs 24000 - Rs 2400
= Rs 21600
Tax price = 0.10 × Cost price for the customer
= 0.10 × 21600
= Rs 2160
Amount paid by the customer = Cost price for the customer + Tax price
= Rs 21600 + Rs 2160
= Rs 23760
Therefore the amount paid by the customer is Rs 23760 .
Second part
Tax paid by the customer = 0.10 × (Cost price of TV for customer - Cost price of the TV for shopkeeper)
Tax paid by the customer = 0.10 × ( Rs 21600 - Rs 16800)
= 0.10 × Rs 4800
= Rs 480
Therefore the value added tax to be paid by shopkeeper is Rs 480 .