Multiple choice

A shopkeeper buys a LCD TV at a discount of 15% from the wholesaler. The market price of the TV is Rs. 28,000 and the sales tax is charged at 9%. The shopkeeper sells it to the buyer at the market price and charges the same sales tax on it.

Which of the following is the sales tax paid by the shopkeeper?

  1. Rs. 2,520

  2. Rs. 4,200

  3. Rs. 6,720

  4. Rs. 2,142

  5. Rs. 1,680
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Price after discount = (85/100) x Rs. 28,000 = Rs. 23,800 Therefore, 9% Sales tax on Rs. 23,800 = Rs. (9/100) x 23,800 = Rs. 2,142

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