Question

II)Sanjay wants to purchase a laptop whose marked price is 10900 excluding 8% VAT. But he has 10900 only,so he request the shopkeeper to reduce the price of laptop in such a way that he has to pay 10900 including VAT. Find the amount reduced by the shopkeeper.​

Answer 1

Answer:

Step-by-step explanation:

It is given that

M.P. of washing machine =Rs.10900

Rate of VAT =9%

Consider Rs. x as the reduced price of machine

We know that

VAT at the rate of 9%=x×9/100=Rs.9x/100

So the amount paid =x+9x/100=109x/100

By equating the values

109x/100=10900

By further calculation

x=(10900×100)/109

x=10000

Amount reduced by the shopkeeper =10900–10000

=Rs.900

Therefore, the amount reduced by the shopkeeper is Rs.900.