Question

What is the price of a good after 10% discount and levying 13% Value Added Tax (VAT) in an article written marked price Rs. 10,000? Find it.​

Answer 1

So the final price of the article would be Rs. 10,170.

Explanation:

To find the price of an article after applying a 10% discount and 13% VAT, you can follow these steps:

Calculate the discount by multiplying the marked price by the discount percentage: 10,000 * 10% = 1,000

Subtract the discount from the marked price to get the price after the discount: 10,000 - 1,000 = 9,000

Calculate the VAT by multiplying the price after the discount by the VAT percentage: 9,000 * 13% = 1,170

Add the VAT to the price after the discount to get the final price: 9,000 + 1,170 = 10,170

So the final price of the article would be Rs. 10,170.