Question

plzz tell me the answer fast chapter is value added taxes

Answer 1

Hey,

SP = 13,530

Tax % = 10 %

Tax (in Rs) = 10/100*MP

= MP/10.

Now,

SP = MP + Tax

13,530 = MP + MP/10

13,530 = 11/10 MP

MP = 13,530 * 10 / 11

MP = 12,300.

Now,

SP = MP - CP

CP = SP - MP

= 13,530 - 12,300

= 1200.

Hope this helps you buddy!!
Take care always :):)
Yiri ##