A wall hanging is marked for Rs.4800. The shopkeeper offers 10% discount on it. If VAT is received 8% from the customer, find the amount paid by the customer to purchase the wall hanging.
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Solution
MP=4800Rs
Discount=10%=10100×4800=480Rs
Now selling price becomes 4800−480=4320Rs
VAT=8%=8100×4320=345.6Rs
So selling price becomes 4320+345.6=4665.6Rs
The amount paid by the customer to purchase the wall hanging=4665.6Rs