. Find the total selling price of a shirt whose marked price is Rs. 3000 when 13% VAT is levied? by using VAT formulae
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Answer:
The total selling price of a shirt whose marked price is Rs. 3000 when 13% VAT is levied is 3390.
Step-by-step explanation:
Given: Marked price =3000 Rs
VAT=13%
Total selling price after VAT levied is,
SP = 3000 + 13 % 3000
[tex]SP= 3000 + \frac{13}{100} \times 3000\\ = 3000 +13 \times 30\\ = 3000 + 390\\ = 3390 Rs[/tex]
So, the total selling price of a shirt is Rs 3390.
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