Nazim purchases a motorcycle, having marked price of Rs 46,000 at a discount 5%. If sales tax is charged at 10%, find the amout Nazim has to pay to purchase the motorcycle.
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Solution
Marked price of motor cycle = Rs 46000
Discount = 5% ∴ Discounted price of motorcycle = Rs (46000−46000×5100)
= Rs (46000 - 2300) = Rs 43700
Sales tax on Rs 43700 =43700×10100=Rs4370
Amount, Nazim has to pay for motorcycle = Rs (43700 + 4370)
= Rs 48,070