Question
After deducting 15% discount and 3% cash discount, the cash price including 20% VAT is €4,350.00. How much was the value of the goods?
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Answer to a math question After deducting 15% discount and 3% cash discount, the cash price including 20% VAT is €4,350.00. How much was the value of the goods?
Neal
4.5105 Answers
Let the initial value of the goods be x
Step 1: Calculate the value after a 15% discount:
x - 0.15x = 0.85x
Step 2: Calculate the value after a 3% cash discount:
0.85x - 0.03(0.85x) = 0.85x - 0.0255x = 0.8245x
Step 3: Calculate the value with 20% VAT:
1.20(0.8245x) = 0.9894x = 4350
Step 4: Solve forx
x=\frac{4350}{0.9894}\approx4396.60
Answer: The initial value of the goods was approximately €4396.60.
Step 1: Calculate the value after a 15% discount:
Step 2: Calculate the value after a 3% cash discount:
Step 3: Calculate the value with 20% VAT:
Step 4: Solve for
Answer: The initial value of the goods was approximately €4396.60.
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