Question

If the rate of VAT increases by 2%them selling price of an article goes up by Rs.140, find the marked price of the article

Answer 1

Answer:

see below

Step-by-step explanation:

Rate of VAT increases by = 2%

price of article increases by = 140rs

let the marked price of article = x

so 2% of x = 140

2/100 × x =140

x = 140 × 100/2

x = 70 × 100

x = 7000

so the marked price of article is 7000 rs

HOPE IT HELPS

Answer 2

Answer:

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