Question

what is taxable value of a computer of Rs 40,000,if 5% discount is given?

Answer 1

Answer:

Rs.38000

Step-by-step explanation:

Cost of the computer=Rs.40000

Discount %=5%

Discount=40000×5/100

=Rs.2000

Price=40000-2000=Rs.38000

Answer 2

Answer:20000

Step-by-step explanation:

Discount price =40000×5/100

....... =400×5

= 20000

Taxable price =40000-20000

=20000