the price
Allowing 20% discount on mp of a watch the values of the watch will be rs 2376 when vat of 10% is added find its marked price
Answers
Given :- Allowing 20% discount on mp of a watch the values of the watch will be rs 2376 when vat of 10% is added find its marked price ?
Answer :-
Let us assume that, the MP of the watch is Rs.100x .
so,
→ SP = MP * (100 - discount%)/100 = (100x * 80)/100 = Rs.80x .
now,
→ VAT = 10%
→ SP = Rs.80x
then,
→ Value of watch after VAT = (80x * 110)/100 = Rs.88x .
A/q,
→ 88x = 2376
→ x = (2376/88)
→ 100x = (2376/88) * 100 = Rs.2700 (Ans.)
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