Question

A necklace was on sale for 20% discount off the original price of

$1250.00. What was the final sale price if 12.5% VAT has to be
paid?​

Answer 1

= $
`\mathsf{1125}`

Explanation:

`\mathrm{Given}`,

`\mathrm{Discount\% = 20\%}`

`\mathrm{Marked \: price = 1250}`

`\mathrm{Now \: let's \: find \: the \: discount \: amount}`

`\mathrm{discount \: amount = dis\% \: of \: MP}`

`\mathrm { = 20\% \: of \: 1250}`

`\mathrm{ = 250}`

`\mathrm{let's \: find \: the \: selling \: price}`

`\mathrm{ = MP \: - \: discount \: amount}`

`\mathrm{ = 1250 - 250}`

= $
`\mathrm{1000}`

`\mathrm{lets \: find \: the \: Vat \: amount}`

`\mathrm{vat \: amount = vat\% \: of \: sp}`

`\mathrm{ = 12.5\% \: of \: 1000}`

= $
`\mathrm{ 125}`

`\mathrm{Now \: finally \: let's \: find \: the \: selling \: price \: with \: vat}`

`\mathrm{selling \: price \: + \: vat \: amount}`

`\mathrm{ = 1000 + 125}`

= $
`\mathrm{1125}`

Therefore, The final sale of the necklace is $ 1125

Hope I helped

Best regards!

Answer 2

$1250 x 0.8 = $1000
$1000 x 1.125 = $1125
Therefore $1125 must be paid.