Question

The marked price of a refrigerator is Rs 35000. If the shopkeeper sold in with 20% discount and adding 13% VAT, then find: i) The discount amount ii) The selling price after discount iii) The VAT amount iv) The selling price with VAT.

Answer 1

Answer:  

marked price = 35,000

(i)  discount amount = 20% of 35,000  

                             = 20/100 x 35000

                            = 7,000

(ii) selling price = marked price - discount amount = 35,000 - 7,000

                                                                              = 28,000

(iii) VAT amount = 13% of 35,000 = 13/100 x 35000 = 4,550

(iv) Selling price with VAT = selling price + VAT amount

                                           = 28,000 + 4,550 = Rs 32,550

Answer 2

Step-by-step explanation:

discount amount= 7000

selling price= 35000-7000

=28000

VAT amount =4,550

selling price 32550