market price of am article is Rs 2200. After allowing a certain percent of discount with 13% value added tax (VAT) levide, the article is sold at Rs 2063.38. Find the discount percent
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Answer:
- The vat amount = 13% x 2200 = 286 Rs.
- the amount without vat, 2200-286 = 1914 Rs
- The discount amount is 2063.38-1914 = 149.38 Rs
From 2200 Rs the discount amount is
149.38 Rs
From 1 Rs the discount amount is
149.38/2200 Rs
From 100 Rs the discount amount is
100 x 149.38/2200
= 6.79
The discount was 6.79 %
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