Question

MP=1000, VAT=13% and discount=10% then SP=?

Answer 1

Answer:

SP= MP-Discount

=1000-10%

=900.

Answer 2

Answer:

SP  with  VAT Rs. 1017

Step-by-step explanation:

Given :

Marked Price (MP) = Rs 1000

Discount = 10 %

VAT = 13 %

To find :

Selling price (SP)

Solution :

Selling price (SP)  =  Marked Price (MP)  -  Discount

⇒ 1000  -  10 % of 1000

⇒ 1000  -  10 / 100 × 1000

⇒ 1000   -  100

⇒ 900

⇒ Rs 900

____________________________

SP with VAT :

VAT = 13 %

So,

⇒ 900 + 13 % 0f 900

⇒ 900 + 13 / 100 × 900

⇒ 900 + 117

⇒ 1017

⇒ Rs 1017

∴  SP  with  VAT  Rs. 1017