the MP of an items is rs 6000 .the dealer allow a discount of 4% on cash payment if the rate of tax is 12% find the amount the customer has to pay to the dealer in cash to purchase it
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SP = MP-4×6000/100
= 6000- 240
= 5760
Amount = 5760 + 12 × 5760/100 (SP +12×SP/100)
= 5760+691.2
= 6451.2
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