Question

What is the selling price of a good whose marked price is Rs 10,000 and it sold after 10% discount and levying 13% VAT?find it​

Answer 1

$10300

Explanation:

Given data

Marked price= Rs 10,000

discount= 10%

VAT= 13%

Let us compute the discount and the VAT

Discount

=10/100*10,000

=0.1*10,000

=$1000

VAT

=13/100*10,000

=0.13*10,000

=$1300

Hence the cost of the good will be

=10000-1000+1300

=$10300