Q. 995.0( 1 Vote )

A dining table is purchased for Rs 3,200 and sold at a gain of 6%. If a customer pays sales tax at the rate of 5%. How much does the customer pay in all for the table?

Answer :

Given that, cost price of dining table = Rs. 3,200 And gain on selling = 6% and tax rate = 5%.

We know, Gain = Selling price - Cost price


selling price = Gain + cost price



= 3200 + 192


= Rs.3392


Now, If a customer pays sales tax at the rate of 5, then -




= Rs.3392 + 169.6


= Rs. 3561.6


Rate this question :

How useful is this solution?
We strive to provide quality solutions. Please rate us to serve you better.
Related Videos
Quiz | Comparing Quantities30 mins
Quiz | Calculating Compound Interest Really Compound?46 mins
Foundation | Direct & Inverse Proportions57 mins
Quiz | Percentage35 mins
Quiz | Deciding the Business Future with Profit and Loss54 mins
One Step Ahead of Simple Interest44 mins
Make a Solid Grip on Ratios36 mins
Quiz on Profit, Loss and Discount23 mins
Quiz | Taxes, Discount and CI45 mins
Recalling Ratios and Proportions45 mins
Try our Mini CourseMaster Important Topics in 7 DaysLearn from IITians, NITians, Doctors & Academic Experts
Dedicated counsellor for each student
24X7 Doubt Resolution
Daily Report Card
Detailed Performance Evaluation
view all courses