Question

What will be the final price of an article originally priced at Rs 2000 after a 12% VAT (Value Added Tax) is applied and a 10% discount is allowed?

A) Rs 2232
B) Rs 2160
C) Rs 2184
D) Rs 2240

Answer 1

To calculate the final price of an article after a 12% VAT and a 10% discount, follow the steps provided and apply them to the given information.

Step-by-step explanation:

To calculate the final price of an article after a 12% VAT and a 10% discount, follow these steps:

1. Calculate the VAT amount by multiplying the original price by 0.12.
2. Subtract the VAT amount from the original price to get the price after VAT.
3. Calculate the discount amount by multiplying the price after VAT by 0.10.
4. Subtract the discount amount from the price after VAT to get the final price.

In this case, the original price is Rs 2000. So, using the steps above, the final price would be Rs 2160 (Option B).