the marked price of a bicycle is rupees 2800 if if after giving a discount of 8% GST at the rate of 5% is charged find the selling price of the bicycle
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FinalAnswer:-
₹2704.82704.8
\huge\underbrace\red{\dag Given:- \dag}†Given:−†
marked price of a bicycle is ₹28002800
than a discount of 8% was given over it
also a 5% sales tax (GST) was also taken
\huge\underbrace\pink {\dag To Find:- \dag}†ToFind:−†
Sales price of bicycle
\huge\underbrace\purple{\dag Solution:- \dag}†Solution:−†
the marked price of a bicycle is ₹28002800
therefore price after discount of %
discount=\frac{8}{100} \times 2800discount=1008×2800
discount =0.08 \times 2800discount=0.08×2800
discount =discount= ₹224224
price after discount = 2800-224=2800−224
== ₹25762576
Tax of 5% on discounted price \implies \frac{5}{100} \times 2576⟹1005×2576
Tax=0.05 \times 2576Tax=0.05×2576
Tax=Tax= ₹128.8128.8
Price of bicycle after tax = price after discount + tax (GST)
=2576+128.8=2576+128.8
=₹2704.82704.8
Hence price of bicycle after giving discount of 8% and sales tax of 5% S.P.\implies Rs.2704.8S.P.⟹Rs.2704.8
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