Question

0. Kanta purchased a washing machine for *17,024,
including VAT. If the list price of the washing machine
is 15,200, find the rate of VAT.​

Answer 1

Answer:

12%

Step-by-step explanation:

Final price = Rs.17,024

Original price = Rs.15,200

Tax = Rs.(17,024-15,200) = Rs.1,824

Rate of VAT = 1824/15200 × 100 = 12%