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Step-by-step explanation:
5. VAT = 5%
MP of iron = ₹2000
then ,
5% of 2000 is
2000x 5/100= ₹100
VAT = ₹100
Total money he paid = VAT + MP
= ₹2000+₹100
= ₹2100
6. Old Salary= 20000
Increase in salary = 5%
total increase in salary= 20000 x 5/100= ₹1000
New salary= ₹20000+1000
= ₹21000
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