Question

a bicycle is sold at Rs 9040 after allowing 20% discount and imposing 13% vat find the Marked price of the bicycle​

Answer 1

sp with vat=9040

d=20%

vat=13%

mp=?

Explanation:

sp with vat=9040

sp+vat%of sp=9040

sp(1+13/100)=9040

sp=9040/1.13=8000

• mp=sp+d%ofmp
• mp-d%ofmp=sp
• mp(1-20/100)=8000
• mp=8000/0.8=10000