Home
Class 10
MATHS
Dinesh buys a chair marked at Rs. 5,000 ...

Dinesh buys a chair marked at Rs. 5,000 at a discount of `20%` on the marked price, the rate to tax being `18%`.Calculate the tax Dinesh has to pay for this purchase. Also, find the total amount to be paid by Dinesh.

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we will calculate the discounted price of the chair, the tax on that price, and finally the total amount Dinesh has to pay. ### Step 1: Calculate the Discounted Price The marked price (MP) of the chair is Rs. 5,000, and the discount is 20%. 1. **Calculate the discount amount:** \[ \text{Discount} = \text{Marked Price} \times \left(\frac{\text{Discount Percentage}}{100}\right) \] \[ \text{Discount} = 5000 \times \left(\frac{20}{100}\right) = 5000 \times 0.20 = 1000 \] 2. **Calculate the discounted price:** \[ \text{Discounted Price} = \text{Marked Price} - \text{Discount} \] \[ \text{Discounted Price} = 5000 - 1000 = 4000 \] ### Step 2: Calculate the Tax on the Discounted Price The tax rate is 18%. 1. **Calculate the tax amount:** \[ \text{Tax} = \text{Discounted Price} \times \left(\frac{\text{Tax Rate}}{100}\right) \] \[ \text{Tax} = 4000 \times \left(\frac{18}{100}\right) = 4000 \times 0.18 = 720 \] ### Step 3: Calculate the Total Amount to be Paid Now, we will find the total amount Dinesh has to pay, which includes the discounted price and the tax. 1. **Calculate the total amount:** \[ \text{Total Amount} = \text{Discounted Price} + \text{Tax} \] \[ \text{Total Amount} = 4000 + 720 = 4720 \] ### Final Results - Tax Dinesh has to pay: **Rs. 720** - Total amount to be paid by Dinesh: **Rs. 4720** ---
Promotional Banner

Topper's Solved these Questions

  • GST [GOODS AND SERVICES TAX]

    ICSE|Exercise Exercise 1(A)|15 Videos
  • GST [GOODS AND SERVICES TAX]

    ICSE|Exercise Exercise 1(B)|16 Videos
  • GRAPHICAL REPRESENTATION

    ICSE|Exercise Exercise 23 |12 Videos
  • HEIGHTS AND DISTANCES

    ICSE|Exercise Exercise 22 C |28 Videos

Similar Questions

Explore conceptually related problems

The list price of an air - conditioner is rs. 40,000. The shopkeepar gives a discount of 15% on the listed price. The tax rate for it is 28% . Calculate the tax charged by the shopkeeper and the total amount (including tax) the customer has to pay.

Shikha purchased a car with a marked price of Rs 210000 at a discount of 5%. If VAT is charged at the rate of 10%, find the amount shikha had paid for purchasing the car.

Amit purchases a motorcycle, having marked price Rs 46000 at a discount of 5%. If VAT is charged at the rate of 10%, find the amount Amit has paid to purchase the motocycle.

A shopkeeper bought a washing machine at a discount of 20% from a wholesaler, the printed price of the washing machine being Rs 18,000. The shopkeeper sells it to a consumer at a discount of 10% on the printed price. If the rate of sales tax is 8%, find : (i) the VAT paid by the shopkeeper, (ii) the total amount that the consumer pays for the washing machine.

Sarita purchases biscuits costing Rs 158 on which the rate of tax is 6%. She also purchases some cosmetic goods costing Rs 354 on which the rate of tax is 9%. Find the total amount to be paid by Sarita.

After allowing a discount of 12% on the marked price of an article, it is sold for Rs 880. Find its marked price.

The marked price of an article is Rs. 6,000. A wholesaler sells it to a dealer at 20% discount. The dealer further sells the article to a customer at a discount of 10% on the marked price. If the rate of GST at each stage is 18% , find the amount of tax (under GST) paid by the dealer to the government.

ICSE-GST [GOODS AND SERVICES TAX] -Exercise 1(B)
  1. Dinesh buys a chair marked at Rs. 5,000 at a discount of 20% on the ma...

    Text Solution

    |

  2. Fill in the blanks : When the goods/services are sold for Rs. 15,000...

    Text Solution

    |

  3. Goods/services are sold from Agra (U.P.) to Kanpur (U.P.) for Rs. 20,0...

    Text Solution

    |

  4. Goods/services are sold from Agra (U.P.) to Kanpur (U.P.) for Rs. 20,0...

    Text Solution

    |

  5. Goods/services are sold from Kota (Rajasthan) to Mumbai for Rs. 20,000...

    Text Solution

    |

  6. A is a dealer in Banaras (UP). He supplies goods/services worth Rs. 8,...

    Text Solution

    |

  7. A is a dealer in Meerut (UP). He supplies goods/services, worth Rs. 15...

    Text Solution

    |

  8. A is a dealer in Meerut (UP). He supplies goods/services, worth Rs. 15...

    Text Solution

    |

  9. A dealer X in Hapur (UP) supplies goods/services, worth Rs. 50,000 to ...

    Text Solution

    |

  10. A dealer X in Hapur (UP) supplies goods/services, worth Rs. 50,000 to ...

    Text Solution

    |

  11. Consultancy services, worth Rs. 50,000 are transferred from Delhi to C...

    Text Solution

    |

  12. Consultancy services, worth Rs. 50,000 are transferred from Delhi to C...

    Text Solution

    |

  13. Consultancy services, worth Rs. 50,000 are transferred from Delhi to C...

    Text Solution

    |

  14. For a dealer A, the list price of an article is Rs. 9,000. which he se...

    Text Solution

    |

  15. The marked price of an article is Rs. 6,000. A wholesaler sells it to ...

    Text Solution

    |

  16. A is a manufacturer fo T.V. sets in Delhi. He manufactures a particula...

    Text Solution

    |

  17. For a trader, marked price of a refigerator = Rs. 15,680 exclusive GST...

    Text Solution

    |