Question

Vidya purchased a violin at rupees 10000 of vat of 10 % is applicable on violin the shopkeeper offer 10% discount on the Marked price how much Vidya paid for the violin

Answer 1

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Here's your answer...

Marked Price (MP) = ₹10000
Discount = 10%
Discounted price = (100-10)% of 10000
= 90% of 10000
= ₹9000
VAT = 10%
VAT on discounted price = 10% of 9000
= ₹900
Total price paid by Vidya = ₹9900

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Answer 2

Solution :-

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

Answer.

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