Question

after allowing 10% discount on the Marked price of an article is and then 15% vat is charge its price become Rs 16720 how much amount was given as discount ​

Answer 1

let marked prize=mp

discount=10%

sp=mp-d%ofmp=mp(1-10/100)=0.9mp

vat=15%

• sp with vat=sp+vat%of sp=sp(1+15/100)=1.15sp=1.15×0.9mp=1.035mp

• sp with vat=1.035mp
• 16720=1.035mp
• mp=16720/1.035=16154.589
• discount amount=d%of mp=10%×16154.589=rs1615.458