Question

if after allowing 20% discount and levying 13% value added tax,the value of a watch will be Rs. 904 then find the Marked price of the watch.

Answer 1

market price of the watch is ₹1000 ...

Answer 2

Marked Price of Watch = Rs 1000 if after allowing 20% discount and levying 13% value added tax,the value of a watch will be Rs. 904

Step-by-step explanation:

Let say Marked price of the Watch  = M  Rs

Discount = 20 %

Discount = (20/100)M = 0.2M   Rs

Price after Discount = M - 0.2M = Rs 0.8M

13 % Value added tax

=> VAT  = (13/100) * 0.8M  = 0.104M  Rs

Value of Watch = 0.8M + 0.104M    = 0.904M Rs

0.904M = 904

=> M = 1000  

Marked Price of Watch = Rs 1000

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