Question

a shopkeeper buys an article for 12000 rupees and marks up it's price by 25%. the shopkeeper gives discount of 10% on the marked up price. he give sfurrther season off discount of 5% on the balance. but the sales tax under VAT is charged at 8% on the remaining price. find the amount which customer has to pay and calculate the final price he has to pay for the article

Answer 1

Price of product =12000
25% of the product = 12000x25/100=3000

So, selling price=15000(12000+3000)
He resells this for 10%discount : 15000x10/100=1500
Reselling price= 13500(15000-1500)

If he gives 5% discount on the reselling price = 13500x5/100=12825(13500-675)

Final Price with Vat 8%= 13851(12825+1026)

Answer 2

12000×25÷100 =3000
so selling price=15000 (12000+3000)
15000×10÷100=1500
13500
13500×5÷100=12825
vat =12825+1026
13851