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if after allowing 20% discount and levying 13% value added tax,the value of a watch will be Rs. 904 then find the Marked price of the watch. |
Answer» Marked Price of Watch = Rs 1000 if after allowing 20% discount and levying 13% VALUE ADDED tax,the value of a watch will be Rs. 904Step-by-step explanation: Let say Marked price of the Watch = M Rs Discount = 20 % Discount = (20/100)M = 0.2M Rs Price after Discount = M - 0.2M = Rs 0.8M 13 % Value added tax => VAT = (13/100) * 0.8M = 0.104M Rs Value of Watch = 0.8M + 0.104M = 0.904M Rs 0.904M = 904 => M = 1000 Marked Price of Watch = Rs 1000 Learn more: RAVI purchased a motorcycle whose marked price was rupees ... a retailers buy a TV from a wholesaler for 40000 rupees he marks ... on which figure the VAT of the product is calculated a. SP b. CP c ... |
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