Question

Rupert buys a bicycle with a marked price of £ 12500.He gets a rebate of 10% on it. After getting

the rebate ,tax is charged at the rebate of 8%. Find the amount he will have to pay for the bicycle.​

Answer 1

£ 12,150

Explanation:

Marked price of bicycle = £ 12500

Rebate = 10%

Amount of rebate = 12500*10/100 = £1250

Rebated price = 12500 - 1250 = £ 11,250

Tax = 8%

Amount of tax = 11250*8/100 = £ 900

Total amount paid for bicycle = Rebated price + amount of tax

= £ 11,250 + £ 900

= £ 12,150