Question

(a) The marked price of a Jacket at a dealer's shop is Rs.2400. The dealer alle

Answer 1

Answer:

SP is 2400

Final price with 10% VAT is 2640

The actual gain of retailer is 360

Step-by-step explanation:

Given

Marked price of a jacket at dealer shop is 2400

The dealer alle discount of 15% to the retailer

The marked price of the  retailer should be the same as dealer's marked price.

The SP should rate for the jacket without VAT 2400

Final price if 10% VAT is imposed

10% VAT on jacket price 2400 is x

$x=\frac{2400}{10}$

$x=240$

The the final price including 10% VAT = 2400 + 240

Final price with 10% VAT = 2640

Actual gain of retailer

Given, The dealer alle discount of 15% to the retailer

So, The retailer gain profit is 15% on jacket price 2400

Therefore

Let x be the gain of retailer

$x=\frac{15}{100}\times2400\\x=15\times24\\x=360$

So, The actual gain of the retailer is 360

The SP should rate for the jacket without VAT 2400

Final price with 10% VAT = 2640

The actual gain of the retailer is 360