Question

Find SP with VAT when
CP=Rs 1200
Profit %=20%
Discount %=10%
VAT %=10%

Answer 1

Answer:

cp=1200.profit=20% sp=100+p%/100×cp =1440Rs we should subtract the discount from sp so 1440×10/100=144. next we should add vat so we should add 10%vat so original sp is 1440+10-144=1306Rs