Question

If the marked price of an article is Rs. x, discount amount is

Rs. y and the VAT amount is Rs. 2, Calculate the selling
price of the article including VAT.

Answer 1

Rs. (x - y + 2)

Explanation:

The marked price is the price that a product is to be sold. The product can be sold at a discount which is below the marked price of the product.

The marked price of the article is Rs. X. The discount is Rs. y, therefore the article price = marked price - discount = x - y.

But since the article is sold with a VAT of Rs. 2, the VAT is added to the price, therefore the selling price of the article including VAT is Rs. (x - y + 2)