Question

A wall hanging is marked for Rs. 4800. The shopkeeper offers a 10% discount on it. If VAT received from the customer is 8%, then find the amount paid by the customer to purchase the wall hanging.

Answer 1

It is given that

Marked price of wall hanging $=Rs.4800$

Discount offered $=10$%

We know that

Net sale price $=[4800\times (100–10\left)/100\right]$

By further calculation

$=(4800\times 90)/100$

$=Rs.4320$

Here

Rate of VAT charged $=8\%$

So the sale price including $VAT=[4320\times (100+8\left)/100\right]$

By further calculation

$=(4320\times 108)/100$

$=466560/100$

$=Rs.4665.60$