Question

after allowing 20% discount on the marked price of a smart boad, 15% vat was levied and sold it . If the different between the selling price with vat and selling price after discount is rs 4500, find the marked price of that smart board.​

Answer 1

mp = 37500

Explanation:

let mp be x

D.A = 20×x/100

= 20x/100

=x/5

price after discount = mp - DA

= x-x/5 = 4x/5

VAT= 15%of 4x/5

= 15/100 × 4x/5

= 60x/500

sp with vat= 4x/5 +60x/500

= 460x/500

sp with vat - sp after discount = 4500

460x/500-4x/5=4500

60x= 4500×500

x= 37500