Question

A TV set purchased for rs. 4000 and sold at a profit of 5%.If a customer pays sales tax at the rate of 4%,How much does the customer pay in all for TV set.

Answer 1

profit=5/100×4000=200
selling price=4000+200=4200
sale tax=4/100×4200=168
customer pay=4200+168=4368

Answer 2

The customer pay Rs.4368 in all for TV set.

Step-by-step explanation:

Cost price of TV = Rs.4000

Profit% = 5%

Cost including profit =$4000+5\%(4000)=4000+\frac{5}{100}(4000)=4200$

A customer pays sales tax at the rate of 4%

Cost including sales tax =$4200+4\%(4200)=4200+\frac{4}{100}(4200)=4368$

Hence the customer pay Rs.4368 in all for TV set.

#Learn more:

A TV set is purchase for 4000 rupees and sold at profit of 8 percent .if customer have to pay 4 present sale tax. what amount does he pay for all TV sat

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