Question

a tourist bought a statue at a discount of 20% with 13% VAT and got Rs 416 back for VAT airport, what was the labeled price of the statue ?​

Answer 1

Let the labeled price be 100x

20% discount, sale price = 80x

13% of 80x = 13x*4/5= 52x/5 = 10.4x

10.4x = 416

100x = ?

100/10.4 X416 = 41600/10.4 = Rs 4, 000 ANSWER