Question

An electric equipment is sold at Rs 1,11,870 after allowing 10% discount and 13% VAT. Find VAT and discount amount. ​

Answer 1

See the answers below

Explanation:

Given data

Discount=10%

VAT= 13%

Amount paid= Rs 1,11,870

The amount of VAT

=13/100*111870

=0.13*111870

= Rs. 14543.1

The amount of discount

=10/100*111870

=0.10*111870

= Rs. 11187