Question

Honey goes to a shop to buy a mobile phone costing rs 3745. The rate of VAT is 7%. She tells the shopkeeper to reduce the price of the mobile phone to the extent that she needs to pay rs 3745 inclusive of VAT. Find the reduction needed in the price of the moblie phone.

if you answer it correctly you will get 20 points

Answer 1

7%=7/100 1000=70 rupees 3500=245 rupees
3500+245=3745 so he reduces it to 3500 ruprre

Answer 2

Step-by-step explanation:

Given Honey goes to a shop to buy a mobile phone costing rs 3745. The rate of VAT is 7%. She sells the shopkeeper to reduce the price of the mobile phone to the extent that she needs to pay rs 3745 inclusive of VAT. Find the reduction needed in the price of the mobile phone.

• So the cost of mobile phone is Rs 3745. So the rate of  value added tax is 7%.
• We need to find the discount in the price of mobile phone.
•    So let discount money be m
• So selling price will be Rs(3745 - m )
• According to the question
•               7% of selling price + selling price will be 3745
•            So 7% of (3745 – m) + 3745 – m = 3745
•                 7/100 x (3745 – m) + 3745 – m = 3745
•              7/100 (3745 – m) = m
•              7 x 3745 – 7m = 100 m
•                    3745 x 7 = 107 m
•                                 m = 3745 x 7 / 107
•                                  m = Rs 245
• So the reduction needed in the price of mobile phone is Rs 245

Reference link will be

https://brainly.in/question/2653670