Answer:
Rs 5,744.25
Step-by-step explanation:
The computation of the prize of a bicycle in the case when there is a 10% discount and 15% VAT is applied is shown below:
= Market price - discount + Vat applied
= Rs 5,550 - Rs 5,550 × 10% + 15% of the amount
= Rs 5,550 - Rs 555 + 15% of the amount
= Rs 4,995 + Rs 4,995 × 15%
= Rs 4,995 + 749.25
= Rs 5,744.25
