mr a buys a chair marked at Rs 8000 at a discount of 10% on the marked price , the rate of tax being 18% . calculate the tax mr a has to pay for this purchase
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Answer:
1296 rs is the tax Mr a has to pay
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Given,
Marked price of the chair = Rs. 8000
Discount = 10%
Rate of tax = 18%
To find,
The tax amount for this purchase.
Solution,
We can simply solve this mathematical problem by using the following mathematical process.
First of all, we have to calculate the price after the discount.
So,
Discount amount = (8000×10/100) = Rs. 800
Price after discount = Original price - Discount amount = 8000-800 = Rs. 7200
Now,
Tax amount will be :
= 7200 × 18/100 (Calculated w.r.t price after discount)
= Rs. 1296
(This will be considered as the final result.)
Hence, the payable tax amount is Rs. 1296
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