Question:
5% sales tax is charged on an article marked Rs 200 after allowing a discount of 5%, then the amount payable is ____
Solution:
Rs.199.50.
Explanation: marked price = Rs. 200
Discount = 5%
Selling price = 200 – (5/100) × 200
= 200-10
= 190
Selling price including 5% tax = 190+(5/100)×190
= 190 + 9.5
= Rs. 199.5
In questions 46 to 65 state whether the statements are true (T) or false (F).