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    Question

    Kailash went to purchase a chimney, the shopkeeper told

    him to pay 26% tax if he asked the bill. Kailash manages to get the discount of 12% on the actual saleprice of the chimney and he paid the shopkeeper Rs. 5280 without tax. Besides he manages to avoid to pay 26% tax on the already discounted price, what is the amount of discount that he would have got?
    A Rs. 2440 Correct Answer Incorrect Answer
    B Rs. 2280 Correct Answer Incorrect Answer
    C Rs. 2600 Correct Answer Incorrect Answer
    D Rs. 2360 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Let CP = Rs.100, SP (with tax) = Rs.126 New SP = 100 – 12 = Rs.88 Effective discount = 126– 88= Rs. 38 So, at SP of 88≡ discount = 38 At SP of 5280 ≡ discount =5280 × 38/88=Rs.2280

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