Mrp calculation

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

07 December 2012 we are fixing a product RS.89 as MRP it includes vat 13.5% and dealer discount 20% we need to collect amount from the dealer is the amount (89-20% dealer profit) that is Rs.71.2
In this case how to write bill Rs.89 coming as total bill amount including tax

Sagar Kumar Batra

Sagar Kumar Batra (Expert)
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07 December 2012 first of all write price as 78.41 then give discount of 20 percent resulting value will be 62.73 then add 13.5 percent as vat resulting will be 71.2