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Q - ICSE Class 10 - Mathematics

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Question

Q

Solution

List price of the article = Rs. 48000
Discount = 30% of Rs. 48000 = 30/100 x 48000 = Rs. 14400
∴ Cost price for shopkeeper = Rs. (48000 - 14400) = Rs. 33600
Tax paid by shopkeeper = 10/100 x 33600 = Rs. 3360
Shopkeeper sells an article to the customer at 10% discount on listed price.

∴ Discount = 10% on Rs. 48000 = 10/100 x 48000 = Rs. 4800
∴ S.P. by shopkeeper after discount = Rs. 
(48000 - 4800) = Rs. 4320
Tax charged by shopkeeper = 10/100 x 43200 = Rs. 4320
∴  VAT paid by the shopkeeper = Tax charged - tax paid
= Rs. (4320 - 3360)
= Rs. 960

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Solution Q Concept: Computation of Tax.
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