37 Maths -- Tax and Money Exchange

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Tax and Money Exchange P1 || Concept and Formula

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In this video, we will learn about

1. Basic Terms (Cost Price, Selling Price, Marked Price and Discount)

2. Tax and Value Added Tax (VAT)

3. Important Formula

More notes on Tax and Money Exchange

Tax and Money Exchange

Money ExchangeQ. A businessman exchanged Nepali currency Rs. 660000 into US dollar at the rate of $1= Nrs.110. After 4 days, Nepali currency is revaluated by 10% and he exchanged the dollars into...

Tax and Money Exchange

Value Added Tax (VAT)Q. If after allowing 20% discount and levying 13% value added tax (VAT), the value of a watch will be Rs. 904 Then Find the value marked price of the watch.Solution:Let the ...