Explore Westonci.ca, the premier Q&A site that helps you find precise answers to your questions, no matter the topic. Explore a wealth of knowledge from professionals across different disciplines on our comprehensive platform. Connect with a community of professionals ready to provide precise solutions to your questions quickly and accurately.

a person buys an article at a discount of 13℅ and pays 16℅ VAT. if he/she pays rs.261 for VAT, Find the marked price of an article and also the amount paid by him/her to buy the article.​

Sagot :

Answer:

  • Rs. 1875 - marked
  • Rs. 1892.25 - paid

Step-by-step explanation:

Let the marked price be x

Discounted price:

  • (x - 13%) = 0.87x

16% VAT added

  • 0.87x*0.16 = 261

Solving for x to find marked price:

  • x = 261/(0.87*0.16)
  • x = 1875

Amount paid including VAT:

  • 0.87*1875 + 261 = 1892.25