If the Mark pice of an article is marked 20% above the cost price, Find the Sp when the shopkeeper gives 20% disc including vat of 10%.
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Let C.P of an article be x
now, as per the question
M.P= 120x/100
but their is a discount of 20%
so now S.P = 120x/100 - 20/100 * 120x/100
S.P = 96x/100
10% V.A.T on S.P
Total S.P = 96x/100 + 10/100* 96x/100
= 105.6x/100
now, as per the question
M.P= 120x/100
but their is a discount of 20%
so now S.P = 120x/100 - 20/100 * 120x/100
S.P = 96x/100
10% V.A.T on S.P
Total S.P = 96x/100 + 10/100* 96x/100
= 105.6x/100
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