Answer:
Market price of set = 25.14
Explanation:
Given:
Discount percentage = 20%
Service charge = 10%
GST = 7%
Amount pays = 23.54
FInd:
Market price of set
Computation:
Assume;
Market price of set = a
Market price of set after discount = a(1-20%)
Market price of set after discount = 0.80a
Market price of set after discount + (Market price of set after discount)(Service charge) + (Market price of set after discount)(GST) = Amount pays
0.80a + (0.80a)(10%) + (0.80a)(7%) = 23.54
0.80a + 0.08a + 0.056a = 23.54
0.936a = 23.54
a = 25.14
Market price of set = 25.14