Question

The marked price of a cycle is Rs.3,000.How much should a customer pay if 10% discount and 13% VAT is allowed?​

Answer 1

After a 10% discount and adding 13% VAT on the cycle's marked price of Rs.3,000, the customer should pay Rs.3,051.

Step-by-step explanation:

To calculate the amount a customer should pay for a cycle with a marked price of Rs.3,000 after a 10% discount and a 13% VAT (Value Added Tax), follow these steps:

1. Determine the discount amount by calculating 10% of the market price:
   10% of Rs.3,000 = 0.10 × Rs.3,000 = Rs.300.
2. Subtract the discount from the marked price to find the sale price:
   Rs.3,000 - Rs.300 = Rs.2,700.
3. Calculate the VAT by applying 13% to the sale price:
   13% of Rs.2,700 = 0.13 × Rs.2,700 = Rs.351.
4. Add the VAT to the sale price to arrive at the total amount payable:
   Rs.2,700 + Rs.351 = Rs.3,051.

Therefore, the customer should pay Rs.3,051 for the cycle after the discount and VAT.