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?
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
Now, If a customer pays sales tax at the rate of 5, then -
= Rs.3392 + 169.6
= Rs. 3561.6
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