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.

What is the amount to be paid by the shopkeeper to the wholesaler to own the TV?

  1. Rs. 23,800

  2. Rs. 30,520

  3. Rs. 28,000

  4. Rs. 25,942

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Price after discount = (85/100) x Rs. 28,000 = Rs. 23,800 Sales tax after discount = Rs. (9/100) x 23,800 = Rs. 2,142 Total amount = Rs. 23,800 + Rs. 2,142 = Rs. 25,942 Price after discount = (85/100) x Rs. 28,000 = Rs. 23,800 Sales tax after discount = Rs. (9/100) x 23,800 = Rs. 2,142 Total amount = Rs. 23,800 + Rs. 2,142 = Rs. 25,942