Question

Mr. Ajay buys a chair marked at Rs. 10,000 at a discount of 15% on the marked price, the rate of tax being 18%. Calculate the tax Mr. Ajay has to pay for this purchase.​

Answer 1

Given : Mr. Ajay buys a chair marked at Rs. 10,000 at a discount of 15% on the marked price,

the rate of tax being 18%.

To Find :  the tax Mr. Ajay has to pay for this purchase.​

Solution:

marked price =  Rs. 10,000

discount of 15%  = (15/100) 10000  = 1500 Rs

Price after discount = 10000 - 1500 = 8500 Rs

Tax rate = 18 %

Tax = (18/100) 8500  =  1530

Mr. Ajay has to pay tax  1530 Rs for this purchase.​

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