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Question
5% sales tax is charged on an article marked Rs 200 after allowing a discount of 5%, then the amount payable is ______.
Solution
5% sales tax is charged on an article marked Rs 200 after allowing a discount of 5%, then the amount payable is ₹ 199.50.
Explanation:
The marked price of the article = 1200
Discount = 5%
Selling price of the article = `200 - 5/100 xx 200`
= 200 – 20
= Rs. 190
Selling price including 5% sales tax = `190 + 5/100 xx 190`
= 190 + 9.5
= Rs. 199.5
Payable amount = Rs. 199.50
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