Question

a machine is sold at rs.99000 after 10% discount and including 10% vat on the marked price.find the vat amount​

Answer 1

Answer:

Here is the list of all formulas on MP, Discount, SP, and VAT.

1. Discount Amount = Discount % of MP

2. Discount % = (Discount Amount)/MP ×100%

3. SP = MP – Discount Amount

4. SP = (100 - d%)/(100 ) × MP

5. MP = 100/(100 - d% ) × SP

6. VAT amount = VAT percent of SP

7. VAT percent = (VAT Amount)/SP ×100%

8. SP with VAT = SP + VAT amount

9. SP with VAT = (100 + v%)/(100 ) × SP

10. SP = 100/(100 + v% ) × SP with VAT

11. MP = (100 × 100)/((100 - d%)(100 + v%)) × SP with VAT 12. SP with VAT = ((100 - d%)(100 + v%))/(100 × 100) × MP