Question

An article is marked at Rs 4,500 and the rate of sales tax on it is 6%. A trader buys this article at some discount and sells it to a customer at the marked price. If the trader pays Rs 81 as VAT; find:
How much per cent discount does the trader get?
The total money paid by the trader, including tax, to buy the article.

Answer 1

Selling price for the trader = Rs 4500

Sales tax charged by trader = 6% of 4500

`= 6/100 xx 4500`

VAT paid by trader = Rs 81

∴ VAT paid by trader = Tax charged - Tax paid

=81 = 270 - Tax paid

`=> Tax paid = 270 - 81 = 189`

Let purchase price for trader = Rs x

∴ 6% of x = 189

`=> 6/100 xx x = 189`

`=> x= 3150`

Discount in price = Rs 4500 - Rs 3150 = Rs 1350

`"Discount%" = "Discount"/"Marked price" xx 100`

`= (1350)/(4500) xx 100`

= Rs 30

The trader get 30% article

Money paid by the trader = Rs 3150 + Rs 189 = Rs 3339