Question

Amit purchased aa Yamaha motorcycle at 5% discount when the market price was Rs.48,000/- . If the VAT is chargeable at the rate of 12% of discount price , what is the amount paid by amit to the dealer .​

Answer 1

Answer:

happy Diwali and chhath puja

Step-by-step explanation:

market price= 48000

discount percent= 5%

so selling price= 48000-48000×5/100 =45600

now

VAT is 12% of discount price

discount price=48000-45600 = 2400

VAT=2400×12/100 =288

therefore amount paid by Amit=45600+288= 45888

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