Question

Allowing 20 % discount on the marked price of an article and levying 15 % VAT. a buyer has to pay Rs 9.200 for the article. Find the marked price of the article.​

Answer 1

here I'm confused that whether the selling price is Rs.9,200 or Rs.9.200

any ways you can take the help of below procedure

Explanation:

here,

let marked price be X

discount(d)=20%

VAT=15%

SP with VAT= 9200

now,

SP without VAT= SP - VAT of SP

= 9200-15/100 ×9200

= 9200- 1380

=Rs. 1380

again,

SP= MP - D of MP

or,7820= x- 20/100 × x

or, 7820× 100 = 100x- 20x

or,782000=80x

or, 782000/80=X

or, X= 9775.

hence MP is Rs 9775