Question

A marked price of an article is Rs: 2200
After allowing a certain percent of discount
with 13% VAT levied on it, the article is
Sold at RS.2063.38. Find the discount percent

tell me fast answer..
process by process​

Answer 1

Answer:

MP = Rs. 2860

VAT = 8%

After VAT Selling Price = 8% Rs. 2860 + Rs. 2860 = Rs. 3088.80

Sale Price after a discount of 20% = Rs. 3088.80 - 20% (Rs. 3088.80) = Rs. 2471.04

Price before VAT is applied = 2860 - 20% = Rs. 2288

Let the Cost Price be x.

Since the overheads are 4%, the new CP will be 1.04x.

So, profit = 2,288 - 1.04x

profit %=

1.04x

(2,288−1.04x)

=

100

10

Implies, 2,288−1.04x=0.104x

x=

1.144

2,288

x=Rs.2000

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

Answer 2

you like to be my friend