Question

29. Marked price of an article is Rs 2860 and rate of VAT is 8% shopkeeper allows a discount
of 20% and still makes a profit of 10%. If he spent 4% as overheads, then find the original
cost price of the article and final selling price induding VAT.
jello ​

Answer 1

Please refer the above image for answer

Last line:

Hence, the Cost Price of the article is Rs. 2000 and the final Selling price including VAT will be Rs. 2471.04

#SRKfan