Question
A luxury watch is originally priced at ₹15,000. During
a seasonal sale, the watch is offered at a discount of 30%. After the discount, an additional 12% sales tax is applied. What is the final price of the watch after both the discount and the tax have been applied?Solution
Discount = 30% of 15,000 = 0.30 * 15,000 = ₹4,500 Price after discount = 15,000 - 4,500 = ₹10,500 Sales tax = 12% of 10,500 = 0.12 * 10,500 = ₹1,260 Final price = 10,500 + 1,260 = ₹11,760
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