Question

The marked price of an article is Rs. 8000. After allowing a certain percent of discount with 13% Value Added Tax (VAT) levied, the articles is sold at Rs 7684. Find the difference between discount amount and VAT amount.​

Answer 1

$1200.00

Explanation:

Let x = the discounted priced

x + .13x = 7684 Combine like terms.

1.13x = 7684 Divide both sides by 1.13

`(1.13x)/(1.13)` =
`(7684)/(1.13)`

x = 6800

$6800 is the cost of the discounted article before tax.

8000 - 6800 = 1200