There was a 20% discount on a laptop. A VAT of 18% was being charged on it. If Prachi bought the laptop for 23600, what was its marked price?​

Let's assume the marked price of the laptop as M.

After a 20% discount on M, the price becomes 80% of M, which is 0.8M.

After charging 18% VAT on 0.8M, the total price becomes 1.18 * 0.8M = 0.944M.

Given that Prachi bought the laptop for ₹23600, we can set up the equation 0.944M = 23600.

Simplifying the equation, we get M = 23600 / 0.944 ≈ ₹25000.

Therefore, the marked price of the laptop was ₹25000.

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in word form

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