List price of a cooler is Rs. 2563. The rate of VAT is 10%. The customer requests the shopkeeper to allow a discount in the price of the cooler to such an extent that the price remains Rs. 2563 inclusive of VAT. Find the discount in the price of the cooler.

List price of a cooler is Rs. 2563. The rate of VAT is 10%. The customer requests the shopkeeper to allow a discount in the price of the cooler to such an extent that the price remains Rs. 2563 inclusive of VAT. Find the discount in the price of the cooler.

Given,

Let X be the buying price of customer excluding VAT

VAT =

X =

X = 2330

But list price of cooler = 2563

Discount in price = 2563 – 2330 = 233

20