Question

plz ans me quick and in format

the Marked price of an article is Rs 20000 what will be the price of the article if 12% vat is levied after allowing 10% discount on it​

Answer 1

Answer:

Given,

M.P. = 1300

Discount = 10%

By using the formulas

SP = Marked price (MP) – Discount

Discount = (MP × Discount %)/100

Discount% = (Discount)/M.P. × 100

By using,

Discount = (MP × Discount %)/100

= (1300×10)/100

= Rs 130

SP = MP – Discount

= (1300 – 130) = Rs 1170

(ii) Given,

M.P. = 500

Discount = 15%

By using,

Discount = (MP × Discount %)/100

= (500×15)/100

= Rs 75

SP = MP – Discount

= (500 – 75) = Rs 425