The required selling price of the article without VAT is 7,563.2.
An article marked at Rs. 8000 is sold at Rs. 6689.60, allowing some discount and then adding VAT If the rate of discount was double than the rate of VAT find the selling price of the article without VAT to be determined.
What is cost price?
Cost price is the price for the buyer pays to the seller for an object or product.
Let the VAT be x, and the discount in price be 2x.
Now, equating the price,
8000 = 6689.60 + 2x + x
3x = 8000 - 6689.60
x = 1310.4/3
x = 436.8
Price without VAT = 8000 - x
= 8000 - 436.8
= 7563.2
Thus, the required selling price of the article without VAT is 7,563.2.
Learn more about cost price here:
https://brainly.com/question/11027396
#SPJ2
