Question

b. "A shopkeeper marks the price of an item 40% above the cost price and allows 20% discount. If his/her cost price for the item is Rs.25000, how much should a customer pay for it with 13% VAT? ​

Answer 1

Answer:

Rs.22600

Step-by-step explanation:

cost price:Rs25000

an item 40% above the cost price

=25000+40%of 25000

25000+10000

35000

discount of 20%

35000-20% of 35000

35000-15000

2000

VAT 13%

20000+13% OF 20000

20000+2600

22600