Question

Aftet allowing 25% discount on the MP and levying 15%VAT, an article was sold. If the discount amount is Rs.1000, find SP with VAT

Answer 1

Answer:

discount = 1000 (25% )

VAT = 600 ( 15% )

SP with VAT = 3000 + 600 = 3,600

Step-by-step explanation:

1000 is 25 % of 4000

so 4000 - 1000 = 3000

15% of 4000 is 600

so 3000 + 600 = 3600

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Answer 2

Given :

• Aftet allowing 25 % discount on the MP
• levying 15 % VAT( Value added tax ) , an article was sold.
• If the discount amount is Rs.1000

To find :

• Selling Price with VAT

Solution :

let x be the marked price

D = 0.25 x

Rs 1000 = 0.25 x

x = 4000 Rs

So, x = 4000 Rs

selling price = Rs (4000 - 1000) (1 + 0.15)

= Rs 3000 (1.15)

= 3450 Rs

=> Selling price with VAT ( Value added tax ) is 3450