Question

Amazon is sold at rupees 99000 after 10% discount and 10% bat on the Marked price find the discount amount and vat amount​

Answer 1

Here,

SP with VAT = Rs. 99000

Discount = 10%

VAT = 10%

Discount Amount =?

VAT Amount = ?

We know,

SP = "100" /"100 + v% " × SP with VAT

= "100" /"100 + 10 " × 99000

= "100" /"110 " × 99000

= Rs. 90000 ∴ VAT Amount = SP with VAT – SP

= Rs. 99000 – 90000

= Rs. 9000 Again, MP = "100" /"100 – d% " × SP

= "100" /"100 – 10 " × 90000

= "100" /"90" × 90000

= Rs. 100000

∴ Discount Amount = MP – SP

= Rs. 100000 – 90000

= Rs. 10000

Explanation:

Here is the list of all formulas on MP, Discount, SP, and VAT.

1. Discount Amount = Discount % of MP

2. Discount % = (Discount Amount)/MP ×100%

3. SP = MP – Discount Amount

4. SP = (100 - d%)/(100 ) × MP

5. MP = 100/(100 - d% ) × SP

6. VAT amount = VAT percent of SP

7. VAT percent = (VAT Amount)/SP ×100%

8. SP with VAT = SP + VAT amount

9. SP with VAT = (100 + v%)/(100 ) × SP

10. SP = 100/(100 + v% ) × SP with VAT

11. MP = (100 × 100)/((100 - d%)(100 + v%)) × SP with VAT

12. SP with VAT = ((100 - d%)(100 + v%))/(100 × 100) × MP