Question

7. The marked price of an article is ₹2563 and tax is to be charged on it at 10%. A customer asks a shopkeeper to allow a discount on the article to such an extent that he has to pay only ₹2563 including tax. Calculate the discount in the price of the article.

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Answer 1

Answer:

Step-by-step explanation:

Given,

The selling price of the Cooler =Rs.2563

Let the deduct price of the article be x.  

VAT Charged=10%

Now, the selling price of the article will be

=x+10% of x

Therefore,

x+10% of x=2563

x+0.1x=2563

1.1x=2563

x=2330

Hence, the discount allowed in the price of the article is  

=Rs.2563−Rs.2330

=Rs.233