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A famous showroom announces a sale on electric appliances. It offers flat 50% discount on the marked price of TV. However those customers who pay using E-pay through their mobiles are offered 10% extra discount. The customers have to pay 2% as service tax for paying through mobiles. Akash buys a HD television labelled at Rs. 56000 using E-pay. How much Akash has to pay for it?

A famous showroom announces a sale on electric appliances. It offers flat 50% discount on the marked price of TV. However those customers who pay using E-pay through their mobiles are offered 10% extra discount. The customers have to pay 2% as service tax for paying through mobiles. Akash buys a HD television labelled at Rs. 56000 using E-pay. How much Akash has to pay for it? Correct Answer Rs. 25,704

Given:

MP of TV = Rs. 56000

Service tax fee = 2% of the item purchased

Discounts of 50% and 10% are offered.

Formula Used:

Discount = Marked Price – Selling Price

Discount Percentage = (Discount/Marked price) x 100

Calculation:

After the successive discounts of 50% and 10%

Selling Price of TV will be = Rs.(56000 × 0.50 × 0.9)

⇒ Rs. 25200

After using E-pay and paying 2% service tax,

The Selling Price of TV = Rs. 25200(1+0.02)

⇒ Rs. 25704

∴ Akash has to pay Rs. 25,704 for the HD television

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