I
Sachin purchase a must watch marked
at Rs 12,500 at disount of 5 %. If VAT is
charged at rate of 10%. Find the amount
he paid on the amount be paid on the
purchase of the watch
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2
Answer:
13,125
Step-by-step explanation:
Principal(P)=12,500
Discount %=5%
VAT=10%
Amount to be paid= P-(5% of P)+(10% of P)
Amount to be paid=12500-(5% of 12500)+(10% of 12500)
Amount to be paid=12500-(625)+(1250)
Amount to be paid=11875+1250
Amount to be paid=13125
Therefore, Sachin had to pay
Rs.13,125 on the purchase of watch.
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