Denishsaud1205idn
Answered

Explore a wide range of topics and get answers from experts on IDNLearn.com. Get prompt and accurate answers to your questions from our experts who are always ready to help.

After allowing 20% discount on a marked price 13% VAT was levied on an article. If it was sold for 7232 dollars, what was the marked price of the article?​

Sagot :

Msm555idn

The marked price of the article was $7865

​Answer:

solution given:

let marked price be x=?

discount =20%

vat=13%

selling price =$7232

we have

discount amount=discount % of marked price=20/100*x=0.2 x

and

vat amount = vat% of selling price=13/100*$7232=$940.16

we have

Selling price with tax  =marked price - discount amount + vat amount

$7232=x-0.2x+$940.16

$7232-$940.16=x-0.2x

0.8x=$6291.84

x=$6291.84/0.8

x=$7864.8

Thank you for joining our conversation. Don't hesitate to return anytime to find answers to your questions. Let's continue sharing knowledge and experiences! Thank you for choosing IDNLearn.com. We’re dedicated to providing clear answers, so visit us again for more solutions.