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1 vote
After allowing 20% discount on the marked price with 13%

VAT levied, an article is sold at Rs. 18080. Find the
marked price of the article.

User Pbk
by
7.9k points

1 Answer

4 votes

Answer:

The marked price of the article is 22,600

Explanation:

Given, selling price of an article SP = Rs. 18080

To calculate marked price MP, the formula used is


\mathrm{SP}=\mathrm{MP}\left(1-(D \%)/(100)\right)

Discount D = 20%

Substituting the given values

SP =
\mathrm{MP}\left(1-(20)/(100)\right)

18080 =
\mathrm{MP}\left(1-(1)/(5)\right)


18080=\mathrm{MP}\left((4)/(5)\right)


\mathrm{MP}=(18080 * 5)/(4)

MP = Rs. 22,600

Therefore the marked price of the article is 22,600

User Tavi
by
8.5k points
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