Question

a gift house allowed 20% discount on the marked price of a doll, 13% VAT was levied on it. If the doll was sold as Rs 1808. What was its marked price?

Answer 1

Profit = 20% = 360 Rs

So, Cost Price = 360 / 20 * 100 = 1800 Rs

And Sales Price = 1800 + 360 = 2160 Rs

Discount = 25% of marked price

So Sales Price = (100 - 25) % = 75% of marked price

=> 2160 = 75% of marked price

=> marked price = 2160 / 75 * 100 = 2880 Rs