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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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