Question

A) A shopkeeper marks the price of his/her goods 40 % above the cost price and

allows 20% discount. If his/her purchase price of an item is Rs 6,000, how much
should a customer pay for it levying 13 % VAT?






who will solve this question i will mark you as a brilliant​

Answer 1

mp=cp+40%of cp=140cp/100=1.4cp

discount=20%

cp=6000

mp=1.4cp=1.4×6000=8400

sp=mp-d%of mp=8400-20/100×8400=8400-1680=6720

sp with vat=sp+vat %of sp=6720+13/100×6720=6720+873.6=7593.6