A tourist bought an article of a discount of 15 percentand
paid RS 17289 IF 13 percent value added tax was levied on it.
what eas the marked price of the art3? find
it
Answers
Answered by
17
Answer:
Here,
discount = 15%
S.P with VAT = Rs 17289
VAT = 13%
M.P = ?
we know,
S.P with VAT = S.P + VAT% of S.P
or, 17289= S.P + (13/100)×S.P
or, 17289= 113S.P/100
or,17289 × 100 = 113 S.P
or,1728900/113 = S.P
therfore, S.P = Rs.15300
Again,
S.P = M.P - discount % of M.P
or, 15300 = M.P - (15/100) M.P
or, 15300 = 85M.P/100
or, 15300 × 100 = 85 M.P
or, 1530000/85 = M.P
therefore, M.P = Rs. 18000
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