Question

A shopkeeper bought an electric fan for rs 2000 and fixed it's price 20% above the cost price. If he/she then gives 15% discount, how much should a customer pay for it with 15% VAT ?​

Answer 1

Answer:

cost price =₹2000

selling price= (2000×120)/100

=2400

discount %=15%

discount amount =2400×15/100 =360

amount to sp= 2400-360=2040

vat=15%

=(2040×15)/100

=306

amount to be paid by customer =2040+306=2346