Question

The original price of an item is AED 250 . There is 70 % discount . The tax rate is 7 % . what will be the selling price after the discount and tax :

Answer 1

To calculate the selling price after a 70% discount and 7% tax on an original price of AED 250, we first determine the discounted price (AED 75) and then add the tax (AED 5.25) to find that the final selling price is AED 80.25.

Step-by-step explanation:

The question involves calculating the selling price of an item after a discount and added tax. To find the answer, we'll first calculate the discount amount and subtract it from the original price. Then we will compute the tax on the discounted price and add it to get the final selling price.

Here's how the calculation is done step-by-step:

1. Calculate the discount amount: AED 250 × 70% = AED 250 × 0.70 = AED 175.
2. Subtract the discount from the original price: AED 250 - AED 175 = AED 75.
3. Calculate the tax on the discounted price: AED 75 × 7% = AED 75 × 0.07 = AED 5.25.
4. Add the tax to the discounted price: AED 75 + AED 5.25 = AED 80.25.

Therefore, the final selling price of the item after a 70% discount and 7% tax is AED 80.25.