Answer:
The marked price was $ 7,777.77, and the selling price of it with VAT was $ 7,910.
Step-by-step explanation:
Given that 13% VAT is levied on a handicraft after 10% discount, if the VAT amount is $ 910, to find the marked price and selling price of it with VAT the following calculations must be performed:
13 = 910
100 = X
100 x 910/13 = X
91,000 / 13 = X
7000 = X
0.9 = 7000
1 = X
7000 / 0.9 = X
7,777.77 = X
Therefore, the marked price was $ 7,777.77, and the selling price of it with VAT was $ 7,910.
