Ravi buys a bicycle with a marked price of Rs 12500.He gets a rebate of 10% on it. After getting
the rebate ,tax is charged at the rebate of 8%. Find the amount he will have to pay for the bicycle.
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Therefore, after the rebate, the bicycle's price = 90% of the original price = 0.9*12500 = 11250 Rs. Afterwards, 6% taxes are added. Therefore, the final price he has to pay = 675 + 11250 = 11925 Rs.
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