Question

after allowing 20%discount on the marked price of a computer, 13 %vat was leived on it if its price become rs36160. what amount wsaeveid in the vat​

Answer 1

Answer: Rs. 40,000

Explanation:

Let say Marked price of the Watch

= M Rs

Discount = 20 %

Discount = (20/100)M = 0.2M Rs

Price after Discount = M - 0.2M =

Rs 0.8M

13 % Value added tax

=> VAT = (13/100) * 0.8M = 0.104M Rs

Value of Watch = 0.8M + 0.104M = 0.904M Rs

0.904M = 36160

=> M = 40000

Marked Price of Watch = Rs 40,000