Jagadish buys goods worth Rs 6,650. He gets a rebate of 6% on it. After getting the rebate, he pays sales tax at 10%. Find: (i) The amount of sales tax paid (ii) The total amount to be paid by Jagadish. [4 MARKS]
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Solution
Each subpart: 2 Marks
(i) M.P. = Rs 6650 Rebate = 6% of 6650 =6100×6650=Rs399 Changed M.P. Rs 6650 - Rs 399 = Rs 6251 Sales tax = 10% of Rs 6251 =Rs10100×6251=Rs625.10 (ii) Total amount paid by Jagadish =Rs6251 + 625.1 =Rs6876.1