Ahmed purchased a washing machine having marked price Rs 8500 at 4% discount. If the rate of VAT is 7 %, then find the amount paid by Ahmed
Answers
Answered by
33
Marked Price = Rs 8500 (Given)
Find price after discount:
Discount = 4% x Rs 8500 = 0.04 x 8500 = Rs 340
Price after discount = 8500 - 340 = Rs 8160
Find price with VAT:
VAT = 7% x Rs 8160 = Rs 571.20
Price after VAT = 8160 + 571.20 = Rs 8731.20
Answer: Ahmed needs to pay Rs 8731.20
jkhan1:
Transcendent answer
Answered by
31
According to the question we know that marked price of washing machine is Rs 8500
at 4% discount and the rate of VAT is 7%
So, Discount of washing machine is 4% of 8500 is 340
Then, discounted price is 8500-340 = 8160
VAT is 7% of 8160 => 571.20
and prices of VAT is 8160+571.20 = 8731.20
Similar questions