The marked price of a watch is 6000.Allowing 10%discount and including same percentage of VAT the watch is sold.By how much percent VAT amount less than discount amount
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The marked price of the radio is Rs 4000. If 20% discount is given and some percentage of VAT is imposed the price of the radio is Rs 3616. Find the rate of VAT
soln
M.P = Rs 4000
Discount = 20%
S.P = M.P – discount
= 4000 - 20% 4000
= RS 3200
S. P with vat = 3200 + (VAT) x% of 3200
3616 =3200 + x% of 3200
416 = 32 x
X = 13%
∴ VAT% = 13%
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Your answer is 10 %. Do step by step and solve that problem. THANK YOU
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