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Amit purchases a motorcycle, having mark...

Amit purchases a motorcycle, having marked price Rs 46000 at a discount of 5%. If VAT is charged at the rate of 10%, find the amount Amit has paid to purchase the motorcycle.

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Selling price of motorcycle after `5%` discount ` = 46000**(100-5)/100 = 46000**95/100=43700` Rs
Amount that Amit has to pay after paying `10%` VAT ` = 43700**(100+10)/100 = 43700**110/100 = 48070` Rs
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