A mobile price is tagged Rs 5,000. If a customer gets 12% discount and adding certain
percent VAT reaches as Rs 4,972, find out the VAT percentage.
Answers
Answered by
14
Answer:
13%
Step-by-step explanation:
13% of VAT included to the selling price
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Answered by
17
Answer:
Step-by-step explanation:
----------------------------------Here is you Answer Mate--------------------------------
According to the Question,
Marked Price or Tagged Price = ₹5,000
Discount Percent = 12%
Discount =
= 50 * 12 (After Cancellation)
= ₹600
So before finding the VAT we have to first find out the Sale Price or Selling Price.
So,
Selling Price = Marked Price - Discount
=> 5000 - 600
=> ₹4400
Now,
Subtract the price including VAT with the Sale Price.
=> 4972 - 4400
=> ₹572
So, VAT = ₹572
VAT Percent =
=>
=>
=> 13%
-------------------------------Hope this helps you Mate------------------------------
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