Question

Nirmala went to a shop to buy a Titan watch. The cost of the watch was Rs 3,250. The rate of sales tax is 12%. The shopkeeper gave her a discount such that she got the watch for only Rs 3,248. Find the discount given by the shopkeeper.

Answer 1

Let the reduced price be x 

Rate of sales tax = 12 % 

Therefore, total amount of the watch 

= x + 12 % of x = `1 + 12/100 "x" = (112 "x")/100`

But the total amount of the watch paid =Rs 3,248 

Therefore, reduced price = 

⇒ `(112  "x")/100` = Rs 3248

⇒ x = Rs `324800 / 112`

⇒ x = Rs 2900

Reduction needed= Rs (3,250 - 2,900) =Rs 350