Question

What is the final price of the product, after a tax is applied for an Apple tablet. The cost of the Apple tablet is Rs. 235.90 and the tax rate is 3.4%?
A.Rs 243.567
B.Rs 243.9206
C.Rs 216.897
D.Rs 268.120

Answer 1

Hint: To find the final price of the apple tablet after including tax 3.4%. we can calculate them by calculating first the 3.4% of Rs 235.90 then add this value to the Rs 235.90 we will get the final price of the apple tablet after the including the tax of 3.4 %.

Complete step-by-step answer:
Given:
The initial price of the apple tablet is Rs 235.90
The tax rate is 3.4 %
We have to calculate the final price of the apple tablet
So first find the 3.4 % of Rs 235.90
We get,
 $ = \dfrac{{3.4}}{{100}} \times 235.90 $
Or,
= 8.0206 Rs
So the final cost is the sum of initial cost and the tax
 $ \Rightarrow $ Final cost of Apple tablet = initial cost + tax paid
 $
   = 235.90 + 8.0206 \\
   = 243.9206 \\
 $
Hence the final cost to pay for the apple tablet is Rs 243.9206

So, the correct answer is “Option B”.

Note: In place of tax pay if they ask for a discount of some percentage then we can calculate the final price of the apple tablet by subtracting the discount value in the initial price.