Question

this is very very tough question

Answer 1

Here u go

Marked price of the article = Rs. 3500
Rate of discount = 20 %
Discount amount = (3500*20)/100
= Rs. 700
Selling price of the article = Marked price - Discount amount
S.P. = 3500 - 700
⇒ Selling price of the article = Rs. 2800
Let the cost price of the article be Rs 'x'
Profit percentage = 10 %
Profit = (x*10)/100
⇒ = Rs. x/10
Selling price the article = Cost price + profit
⇒ x + x/10
⇒ Selling price = 11x/10
Now, according to the question.
⇒ 2800 = 11x/10
⇒ 11x = 2800*10
⇒ 11x = 28000
⇒ x = 28000/11
⇒ x = 2545.45
Cost price of the article is Rs. 2545.45
Selling price including VAT = 2800 + 8 % of Rs. 2800
⇒ 2800 + 224
⇒ 3024
So, the selling price including VAT is Rs. 3024