CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon


Question

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?


Solution

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

=100+6100×3200

=106×32

=Rs.3392

Also, customer pay sale tax =5%

Selling price with sales tax =3392+5% of SP

=3392+3392×5100

=3392+169.6

=Rs.3561.60


Mathematics

Suggest Corrections
thumbs-up
 
1


similar_icon
Similar questions
View More


similar_icon
People also searched for
View More



footer-image