What would be the bill amount of an article costing
Rs.350. if 15% VAT is levied after a discount of 20%?

plz put your bank account number also if answer is right money of $10 will be send ​

Respuesta :

Answer:

$322

Step-by-step explanation:

Given parameters:

Cost price = Rs. 350

VAT = 15%

Discount  = 20%

Unknown:

Bill amount  = ?

Solution:

Since the discount was first applied to the cost price, let us find the now discounted price of the article;

             Discount = percent discount x cost price

             Discount  = [tex]\frac{20}{100}[/tex] x 350  = $70

So, new selling price = $350 - $70 = $280

Now, the VAT is 15%;

      So, VAT amount  = [tex]\frac{15}{100}[/tex] x 280 = $42

The bill amount  = $280 + $42  = $322