Solution:
For a lady bag,
Marked Price (MP) = Rs 4800
Discount percentage (d%) = 10%
VAT percentage (VAT%) = 15%
To find: Selling Price with VAT (SP with VAT) = ?
We know,
SP = $MP ( 1 - \frac{d%}{100})$
Also,
SP with VAT = $SP(1 + \frac{VAT%}{100}$
From above two formulae, we get,
SP with VAT = $MP(1 - \frac{d%}{100})(1 + \frac{VAT%}{100}$
$= MP ( 1 - \frac{10}{100})(1 + \frac{15}{100})$
$= MP × \dfrac{100-10}{100} × \dfrac{100+15}{100}$
$= 4800 × \dfrac{90}{100} × \dfrac{113}{100}$
$= \dfrac{48 × 9 × 115}{10}$
$= Rs 4968$
Hence, the required selling price of the lady bag including VAT after discount is Rs 4968.
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