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Question

How much per cent discount thus the trader get?

A
15%
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B
20%
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C
25%
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D
30%
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Solution

The correct option is A 30%
Marked price =Rs.4500
Rate of sales tax=6%
VAT paid by the retailer=Rs.81
C.P for the customer=Rs.4500
sales tax paid by the customer=6100×4500=Rs.270
VAT=sales tax paid by the customer-sales tax paid by the retailer
Sales tax paid by the retailer=tax paid by the customer-VAT
27081=Rs.189
C.P for trader=4500×189270=Rs.3150
Amount of discount$=4500-3150=Rs.1350
Rate of discount=1350×1004500=30%



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