GST = Tax % of
MP
CP
SP
Discount
Answers
Answer:
MP is ans of your Question
Answer:
Step-by-step explanation:
The price on the label of an article/product is called the marked price or list price. This is the price at which product is intended to be sold. However, there can be some discount given on this price and the actual selling price of the product may be less than the marked price. It is generally denoted by MP.
When Discount is offered, M.P. > S.P.
When Discount is not offered, M.P. < S.P.
\
Discount is defined as the amount of rebate given on the label price (marked price) of an article. It is given by merchants/shopkeepers for attracting customers for increasing their sales.
Discount = Marked Price – Selling Price
Discount percentage = [(Discount)/(Marked price)]× 100. Before going on to solve more examples, let us recall all the formulas that we have seen thus far.
What is List Price?
Main Concepts and Results
Discount is a reduction given on marked price.
Discount = Marked Price – Sale Price (S.P.)
Discount can be calculated when a discount percentage is given.
Discount = Discount % of Marked Price
Additional expenses made after buying an article are included in the cost price and are known as overhead expenses.
cost price = buying price + overhead expenses
Sales Tax is charged on the sale of an item by the government and is added to the Bill Amount.
Sales tax = Tax% of sale amount.
These days, however, the selling prices (known as MRP) include the tax known as VAT (Value Added Tax).
The interest compounded annually is the interest calculated on the previous year’s amount A, (A = P + I).
The time period after which the interest is added each time to form a new principal is called the conversion period.
When the interest is compounded half-yearly, there are two conversion periods in a year of duration 6 months each.
please brainlist and like