The VAT amount is 2700 if the color TV is sold at Rs 20700 after a 10% discount with 15% VAT.
What is the percentage?
It's the ratio of two integers stated as a fraction of a hundred parts. It is a metric for comparing two sets of data, and it is expressed as a percentage using the percent symbol.
We have:
A color TV is sold at Rs 20700 after a 10% discount with 15% VAT
Selling price(S) with VAT = 20700
S + 15% VAT of S = 20700
S(1+ 15%) = 20700
S(1 + 0.15) = 20700
S = 18000
VAT amount = 15% of 18000
VAT amount = 2700
Thus, the VAT amount is 2700 if the color TV is sold at Rs 20700 after a 10% discount with 15% VAT.
Learn more about the percentage here:
brainly.com/question/8011401
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