A dining table is purchased for Rs.3200 and sold at a gain of 6%. If a customer pays sales tax at the rate of 5%. How much does the customer pay in all for the table?
The cost price (CP) of the dining table =Rs.3200
Now, the dining table sold at a gain of 6%.
So, selling price (SP) of the dining table =100+Profit%100×CP
Also, customer pay sale tax =5%
∴ Selling price with sales tax =3392+5% of SP