A dining table is purchased for Rs3200 and sold at a gain of 6%. If a customer pays sales tax at the rate of 5%, how much does the customer pay in all for the table ?

# A dining table is purchased for Rs3200 and sold at a gain of 6%. If a customer pays sales tax at the rate of 5%, how much does the customer pay in all for the table ?

1. A
Rs.3568
2. B
Rs.3561.60
3. C
Rs.61.50
4. D
Rs.3565.60

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### Solution:

Concept- The price at which a seller buys a product is called the cost  of the product, and the price at which a seller sells a product to a consumer is called the sale of the product to  the seller. If the selling price of a product is higher than the cost price of the product,  the price difference  can be called the profit or profit of the product, and at the same time  the selling price is lower than the cost price of the  product. Price differences are called product losses. Product win or loss rates are always calculated based on the cost  of the product.
Sales tax is the amount that a customer pays to the government at the time of purchase and is always added to the selling price.  This question shows the cost, and  the customer calculated the sales tax by making a profit of 6% at the dining table  using the profit margin formula to find the selling price of the table, and then adding 5%. say. Selling price to find the total price paid by the customer.  Dining table cost  The  customer made a profit of 6%, so use the rate of return formula to find the selling price.
As sales tax is paid on the total selling price, hence we can write
The total cost of the tableHence, the correct answer is option (2).

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