M.P. = Rs 700, discount = 5 %
find sp with 10% vat
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Given :
M.P = $ 700
Discount % = 5 %
VAT = 10%
S.P = ?
Answer :
Formula : D% = MP - SP / MP * 100
Substitute it
5 = 700 - SP / 700 * 100
5 = 700 - SP / 7 * 1
5 = 700 - SP / 7
5 = 100 - SP
5 - 100 = - SP
- 95 = - SP
95 = SP
SP is $ 95
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