Question

allowing 20% discount on the marked price of a watch, the value of the watch will be rs 6328, when a VAT of 13% is added find it's marked price​

Answer 1

Explanation:

let , MP =x

then,

discount amount =D% of MP

= (20/100)× x

= 0.2x

now,Sp without VAT = MP-D

=x - 0.2x

= 0.8x

NoW, SP with VAT = Sp without VAT+ VAT %of SP

or ,6328 = 0.8x + 13% of 0.8x

or, 6328 = 0.8x + (13/100) × 0.8x

or, 6328= 0.8x + 0.104x

or,. 6328= 0.904x

or, X= 6328/0.904

X= 7000 Rs.

Hence ,MP is Rs.7000