Question

A shopkeeper sells an article to a customer at Rs. 1392. He gives 13% discount on printed
price. Then printed Price will be = ?​

Answer 1

Step-by-step explanation:

(i)The amount paid by shopkeeper

List Price=Rs.2500

Discount rate=30%

Discount=30% of 2500=

100

30

×2500=Rs.750

Then the price of the article after discount=2500−750=Rs.1750

Rate of sales tax=8%

∴Tax paid by the shopkeeper=8% of 1750

⇒

100

8

×1750=Rs.140

∴ shopkeeper paid the amount =1750+140=Rs.1890

(ii)The shopkeeper sell the article at printed price to the customer at 6% sales tax

∴ sales tax paid by the customer =8% of 2500=

100

8

×2500=Rs.200

Then the price paisd by the customer=2500+200=Rs.2700

(iii)VAT paid by the shopkeeper

VAT=tax paid by the customer-Tax paid by the shopkeeper

VAT=200−140=Rs.60