Q6 of 94 Page 20

Richard got a discount of 10% on the suit he bought. The marked price was Rs. 5,000 for the suit. If he had to pay sales tax of 10% on the price at which he bought, how much did he pay?

The marked price of the suit is 5,000

Discount offered is 10% of marked price


= × 5,000 = 500


Selling price = marked price - Discount


= 5,000 – 500 = 4,500


∴ He bought the suit for 4,500


He need to pay 10% as sales tax


Amount of sales tax = (rate of tax) (cost of the item)


= 10% ( 4,500)


= × 4,500


= 450


∴ He need to pay 450 as sales tax


Purchase price of the suit = 4,500 + 450 = 4,950


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