A shopkeeper marks the price of his goods 40 % above the cost price allows 20 % discount . If his purchase price is Rs 6000 , how much should the customers pay for it with 13% VAT .
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Cost Price =Rs.200
Shopkeeper Mark the price 40% above the cost price then
M.P=200+40 % of 200
→ 200+ 10040 ×200
→ 200+80=Rs.280
Discount-20%
Then Price after discount= 280-20 % of
280
→ 280-10020 ×280
280-56-Rs.224
Sales tax rate=10%
Then sales price= 224+10% of 224
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