Question

price.
a) A shopkeeper marks the price of his/her goods 40 % above the cost price and
allows 20 % discount. If his/her purchase price of an item is Rs 6,000, how much
should a customer
pay for it levying 13 % VAT?​

Answer 1

Step-by-step explanation:

Let CP = x

MP = 1.4x

D = 20%

so,

SP = 1.4x*0.80 = 1.12x

1.12x = 6000

x = 6000/1.12 = 5357.14 ₹ (Ans.)