The m.p of a radio is rs 4000 . If 20% discount is given and some percentage of vat is imposed, the price of the radio is 3616 , find the rate of vat. what percentage of discount amount is the vat amount?
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Answer:
marked price = ₹4000
price after discount = ₹4000 - (20% of ₹4000)
= ₹4000 - ₹800 = ₹3200
price = ₹3616
VAT added = ₹3616 - ₹3200 = 416
% of VAT = 416/3200×100 = 13%
20 × y/100 = 13/100
20y = 13
y = 13/20 = 0.65%
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