Question

rashid purchase a car with a market price of Rs 225000 at a discount of 5% if tax is charged at the rate of 12% find the amount paid for purchase of the car

Answer 1

** Rashid purchase a car with a market price of Rs 225000 at a discount of 5%

Now,

5% discount on market price

So then

discount Amount = 225000×5/100

discount Amount = 11250 Rs.

After 5% discount of market price,

Car price before tax after applying discount = 225000 - 11250 = 213750 Rs.

And then

12% of tax charged after discount

So

12% tax = 213750 × 12/100 = 25650 Rs. tax paid

And then,

The final purchase price of car = 213750 + 25650 = 239400 Rs. ***Answer***

Answer 2

Answer:

discount Amount = 11250 Rs. After 5% discount of market price, Car price before tax after applying discount = 225000 - 11250 = 213750 Rs.

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