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:

Rs. 3450

Step-by-step explanation:

Given that, 25% discount was allowed and discount amount was Rs. 1000

So, price after 25% discount

= (1000×75)/25

= Rs. 3000

Therefore,VAT = (15×3000)/100= Rs. 450

Hence, SP with VAT = (3000+450) = Rs. 3450