lalitha took a parcel from a hotel to celebrate her birthday with her friends. It was billed with 1,450 including 5%VAT.Lalitha asked for some discount, the hotel owner gave 8%discount on the bill amount. Now find the actual amount that lalitha has to pay to the hotel owner
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Amount on bill inclusive of tax = 1450
Let the initial amount be 'x'
tax rate = 5%
x + 5%of x = 1450
x + x×5/100 = 1450
x + 0.05x = 1450
1.05x = 1450
x = 1450/1.05 =1381(Approx)
Discount allowed=8%
Net Amount
= 1381 - 8%discount
=1381 - 1381×8%
=1381 - 1381×8/100
=1381 - 110.48
= 1270.52
final amount with tax
= 1270.52 +5%
= 1270.52 + 1270.52×5%
=1270.52 + 1270.52×5/100
=1270.52 + 63.526
= 1334(Approx)
Let the initial amount be 'x'
tax rate = 5%
x + 5%of x = 1450
x + x×5/100 = 1450
x + 0.05x = 1450
1.05x = 1450
x = 1450/1.05 =1381(Approx)
Discount allowed=8%
Net Amount
= 1381 - 8%discount
=1381 - 1381×8%
=1381 - 1381×8/100
=1381 - 110.48
= 1270.52
final amount with tax
= 1270.52 +5%
= 1270.52 + 1270.52×5%
=1270.52 + 1270.52×5/100
=1270.52 + 63.526
= 1334(Approx)
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