Abdul buys 500 pens at the rate of ₹2 per pen . If the rate of sales tax is 8 %, the total amount payable by him for total pens is
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Given information
- ↠Abdul buys 500 pens
- ↠ Price of one pen is Rs.2
- ↠ The rate of sales tax is 8%
What we have to calculate
- ↠ We have to calculate Total amount payable by Abdul for total pens
How we solve this question
- ↠Assume a variable ( unknown ) eg : x or y
- ↠ According to the given statement setup the equation in terms of x or y
- ↠ Then solve the equation
Let's us assume
- ↠ Abdul Pay Rs.X for 500 pens
Forming an equation
- ↠ Rate of one pen Rs.2 added to Cost of 500 pens (Rs. x ) equal Abdul buys 500 pens
Therefore
- ↠ 2 + x = 500
Solving equation
↬ 2 + x = 500
- Transferring sides
↬ x = 500 × 2
- On multiplying
↬ x = 1000
❑ The Cost of 500 pens is Rs .1000
__________________
Now we will calculate Sales tax
- ↠The formula to calculate sales tax is Total Sales Tax = Cost of item x Sales tax rate.
➥ Total Sales Tax = Cost of item x Sales tax rate
- Substituting values
➥ Total Sales Tax = 1000 × 8%
- 8% is written as 8/100
➥ Total Sales Tax = 1000 × 8/100
- Dividing 1000 by 100
➥ Total Sales Tax = 10 × 8
- On Multiplying
➥ Total Sales Tax = 80
❑ Total Sales Tax is Rs.80
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Finding Total amount payable
➥ Total amount payable = Cost of 500 pens + Sales tax
- Submitting values
➥ Total amount payable = 1000 + 80
- On Adding
➥ Total amount payable = 1080
❑ Total amount payable by Abdul for total pens = Rs.1080
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