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A product priced at INR 500 gets a 20% discount then a 5% tax on the discounted price. What is the final price? ​​
Question

A product priced at INR 500 gets a 20% discount then a 5% tax on the discounted price. What is the final price? ​​

A.

INR 430

B.

INR 435

C.

INR 425

D.

INR 420

Correct option is D

Given:
Original price = ₹500
Discount = 20%
Tax = 5% on discounted price
Solution:
Discount = 20% of 500
20100\frac {20}{100} ×\times 500
= 100
Price after discount = 500 - 100 = 400
Tax = 5% of 400
5100\frac {5}{100} ×\times 400
= 20
Final Price = 400 + 20 = 420
So, INR 420 is the final price.
Thus, correct option is (d).

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