Question

On an oven there is a discount of 20% if the rate of vat is 8% and the customer paid 5400 what was the MP of the oven

Answer 1

let the total price be x
20%×x=5400
20/100×x=5400
x=5400×10/2
x=27000
so the mp is 27000-5400=21600

Answer 2

let marked price ( mp ) be Rs x

discount ( d ) = 20%

sale price = mp - d

= x - 20/100 × x

= x - x/5

= 5x/5- x/5

= 4x/5

vat = 8%

sp = sale price + vat

= 4x/5 + 8/100 × 4x/5

= 4x/5 + 8x/125

= 100x/125 + 8x/125

= 108x/125

given sp = Rs 5400

108x/125 = 5400

108x = 5400×125

108x = 675000

x = 675000/108

x = 6250

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