Q.
Mukesh buys an article marked at 5,000 at a discount of 15% on the marked price, the rate of tax being 18%. Then the tax Mukesh has to pay for this purchase is:
(a) 765
(c) 825
(b) 750
(d) 900
Help !!
Answers
Answer:
765
Step-by-step explanation:
here the tax should be applied after discount
marked price = 5,000
selling price after 15% discount = 5000*(100-15)/100=4,250
tax of 18% applied on 4,250=0.18*4250=765
Given,
Marked price of the article = Rs. 5000
Discount rate = 15%
Tax rate = 18%
To find,
The amount of tax that Mukesh has to pay.
Solution,
We can simply solve this mathematical problem by using the following mathematical process.
First of all, we have to calculate the
price after discount.
Discount amount = 5000 × 15/100 = Rs. 750
Price after discount = 5000-750 = Rs. 4250
On this price after discount, we have to calculate the tax.
Tax amount = 4250 × 18/100 = Rs. 765
(This will be considered as the final result.)
Hence, the tax amount is Rs. 765 (option a)