Question

the marked price of an article is rs 1400. discount given is 10 % and gst charged is 5 %. the price paid for the article by a consumer is

Answer 1

price 1400Rs

discount 10% =1-(10/100)=0.9

price after discount: 1400*0.9=1260Rs

we add taxes (increase)

increase 5%= 1+(5/100)=1.05

the price paid for the item by a consumer is 1260*1.05=1323Rs

Explanation: