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Rajat purchases a wrist-watch costing Rs...

Rajat purchases a wrist-watch costing Rs 540. The rate of tax is 8%. Find the total amount paid by Rajat for the watch.

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To find the total amount paid by Rajat for the wrist-watch, we can follow these steps: ### Step 1: Identify the cost of the wrist-watch The cost of the wrist-watch is given as Rs 540. ### Step 2: Identify the rate of tax The rate of tax is given as 8%. ### Step 3: Calculate the amount of tax To calculate the amount of tax, we can use the formula: \[ \text{Tax Amount} = \text{Cost of Watch} \times \left(\frac{\text{Rate of Tax}}{100}\right) \] Substituting the values: \[ \text{Tax Amount} = 540 \times \left(\frac{8}{100}\right) = 540 \times 0.08 = 43.2 \] ### Step 4: Calculate the total amount paid To find the total amount paid by Rajat, we add the cost of the wrist-watch and the tax amount: \[ \text{Total Amount} = \text{Cost of Watch} + \text{Tax Amount} \] Substituting the values: \[ \text{Total Amount} = 540 + 43.2 = 583.2 \] ### Final Answer The total amount paid by Rajat for the wrist-watch is Rs 583.2. ---
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Knowledge Check

  • An article is marked at Rs. 1,000. A dealer sells it at 5% profit. If the rate of GST is 18%, then the total amount paid by a consumer to buy it, is:

    A
    Rs.1,324
    B
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    C
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    D
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