Question

(a) The marked price of a Jacket at a dealer's shop is Rs.2400. The dealer alle

discount of 15% to the retailer. As the company's policy the marked price of the
retailer should be the same as dealer's marked price. What SP should the ret
for the Jacket? What would its final price be if 10% VAT is imposed? What would
be the actual gain of retailer?

plzz help me​

Answer 1

SP is 2400

Final price with 10% VAT is 2640

The actual gain of retailer is 360

Explanation:

Given

Marked price of a jacket at dealer shop is 2400

The dealer alle discount of 15% to the retailer

The marked price of the retailer should be the same as dealer's marked price.

The SP should rate for the jacket without VAT 2400

Final price if 10% VAT is imposed

10% VAT on jacket price 2400 is x

`x=(2400)/(10)`

`x=240`

The the final price including 10% VAT = 2400 + 240

Final price with 10% VAT = 2640

Actual gain of retailer

Given, The dealer alle discount of 15% to the retailer

So, The retailer gain profit is 15% on jacket price 2400

Therefore

Let x be the gain of retailer

`x=(15)/(100)*2400\\x=15*24\\x=360`

So, The actual gain of the retailer is 360

The SP should rate for the jacket without VAT 2400

Final price with 10% VAT = 2640

The actual gain of the retailer is 360