+130511 a shopkeeper marks his goods 40% above the cost price and then allows adiscount of 20%.find how much will a customer pay for an article which costs shopkeeper rs.200 and a sales tax of 10% is levied on the sale price of the article.give your answer correct to the nearest rupee.
Well.....let's take this in steps.....if he buys it for 200 and then has a 40% markup, the regular price will be 200 x 1.4 = 280
A 20% discount on this will result in a sales price of 280 x .80 = 224
And a 10% tax on this = 224 x 1.1 = 246.4 = 246 rupees (rounded)
+130511 a shopkeeper marks his goods 40% above the cost price and then allows adiscount of 20%.find how much will a customer pay for an article which costs shopkeeper rs.200 and a sales tax of 10% is levied on the sale price of the article.give your answer correct to the nearest rupee.
Well.....let's take this in steps.....if he buys it for 200 and then has a 40% markup, the regular price will be 200 x 1.4 = 280
A 20% discount on this will result in a sales price of 280 x .80 = 224
And a 10% tax on this = 224 x 1.1 = 246.4 = 246 rupees (rounded)
