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Option 1 : 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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