Question

The marked price of an article is Rs 10,000. If there is 15% discount and 13% VAT on it. Find the discount amount, VAT amount and price to be paid.​

Answer 1

Answer:

rs 1500 rs 1300 rs 9800

the discount amount is rs 10000 x 15% = rs 1500

the amount of vat is rs 10000 x 13% = rs 1300

the amount of money to be paid is

rs 10000 - rs 1500 + rs 1300 = rs 9800

( vat refers to the amount of money paid by the consumer )