The marked price of an electric item is Rs 2,400 and the shopkeeper allows 20%

discount. After levying VAT, if a customer pays Rs 2,208 for il, find the VAT

percent.

vedbo price of his articles 25 0% above the cost price

Answer: VAT = Rs. 288

Step-by-step explanation:

2400 - 20% + x = 2208

2400 - 480 + x = 2208

1920 + x = 2208

x = 2208 - 1920

x = 288

700rs

Step-by-step explanation:

Let the marked Price be Rs a

Discount percent = 20

=> Discount * 100 / Marked Price = 20

=> Discount * 100 / a = 20

=> Discount = 20a/100

=> Discount = a/5

Now,

Marked Price - Discount = Selling price

=> a - a/5 = 560

=> 4a/5 = 560

=> a = 560 * 5 / 4

=> a = 140 * 5

=> a = 700

Marked Price = Rs 700