Question

Question 45

5% sales tax is charged on an article marked Rs 200 after allowing a discount of 5%, then the amount payable is ___.

Answer 1

The marked price of the article = Rs 200
Discount = 5%
Selling price of the article $=200-\frac{5}{100}\times 200$
= 200 - 10 = Rs 190
Selling price including 5% sales tax $=190+\frac{5}{100}\times 190$
= 190 + 9.5 = Rs 199.5
$\therefore$ Payable amount = Rs 199.50