There was a 20% discount on a laptop. A VAT of 18% was being charged o

1.	There was a 20% discount on a laptop. A VAT of 18% was being charged on it. If Prachi bought the laptopfor 23600, what was its marked price?
Answer» Answer: The MARKED price is Rs. 25000. Step-by-step explanation: Given data: DISCOUNT = 20% VAT = 18% The sale price of the laptop = Rs. 23600 To FIND: Marked price of the laptop Let the marked price of the laptop be “Rs. x”. The price of the laptop after 20% discount = x - 0.2x = 0.8x A VAT of 18% is CHARGED on to the price after discount. This price then becomes the sale price of the laptop for Prachi. So, Sale Price along with VAT = 0.8x * 1.18 = 0.944x Therefore, 0.944x = 23600 Or, x = 23600 / 0.944 = Rs. 25000

There was a 20% discount on a laptop. A VAT of 18% was being charged on it. If Prachi bought the laptopfor 23600, what was its marked price?

Answer»

Answer:

The MARKED price is Rs. 25000.

Step-by-step explanation:

Given data:

DISCOUNT = 20%

VAT = 18%

The sale price of the laptop = Rs. 23600

To FIND: Marked price of the laptop

Let the marked price of the laptop be “Rs. x”.

The price of the laptop after 20% discount = x - 0.2x = 0.8x

A VAT of 18% is CHARGED on to the price after discount. This price then becomes the sale price of the laptop for Prachi.

So,

Sale Price along with VAT = 0.8x * 1.18 = 0.944x

Therefore,

0.944x = 23600

Or, x = 23600 / 0.944 = Rs. 25000

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