Question

(Hari Bahadur sold a watch after allowing 20% discount and then adding 13% VAT. If the discount amount is Rs.192 more than VAT amount then find the marked price and selling price of the watch.)​

Answer 1

Answer: Let's assume that the marked price of the watch is M.

The discount amount would be 20% of M, which can be calculated as:

0.2 * M = 0.2M

The selling price after the discount would be:

M - 0.2M = 0.8M

The VAT amount would be 13% of the selling price after the discount, which can be calculated as:

0.13 * 0.8M = 0.104M

Now, as the discount amount is Rs.192 more than the VAT amount, we can write an equation:

0.2M = 0.104M + 192

0.096M = 192

M = 192 / 0.096 = 2000

So, the marked price of the watch is Rs.2000 and the selling price after the discount and VAT is 0.8M = 0.8 * 2000 = 1600.

Explanation: