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Profit and Loss
A textile vendor sells shirts at Rs. 800 per shirt, however he forced to give two successive discounts of 10 % and 5 % respectively. However he charges sales tax on net sales price from the customer at 5 %. What price does customer has to pay to buy the shirt ?
a) Rs. 730.40
b) Rs. 690.30
c) Rs. 718.20
d) Rs. 960.50
e) None of these.
Read Solution (Total 4)
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- c) Rs. 718.2
Price of a 800 Rs. shirt after giving two successive discounts of 10% and 5%
=800*(90/100)*(95/100) = 684
So after paying 5% sales tax customer has to pay 684*(105/100)=718.2 Rs. - 8 years agoHelpfull: Yes(9) No(0)
- after two successive discount the price of shirt is=800*29/200=684
after that the customer pay including tax=684*5/100=34.2
684+34.2=718.2 ans - 8 years agoHelpfull: Yes(3) No(0)
- 800-800*10/100=720
720-720*5/100=684
684+684*5/100=718.20 - 8 years agoHelpfull: Yes(1) No(0)
- selling price =800
5% tax=800(5/100)=40
so totally he sells at 840
and
discount
(90/100)(95/100)(840)=718.20
so ans is c) - 8 years agoHelpfull: Yes(0) No(0)
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