Marked price is R.S 1500.What is SP with 10% VAT.
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Answer:
250000
Step-by-step explanation:
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Discount is defined as the amount of rebate given on the label price (marked price) of an article. It is given by merchants/shopkeepers for attracting customers for increasing their sales.
Discount = Marked Price – Selling Price
Discount percentage = [(Discount)/(Marked price)]× 100. Before going on to solve more examples, let us recall all the formulas that we have seen thus far.
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