12. Ajit buys a motorcycle for Rs 17600 including value added tax. If the rate of VAT is 10%, what is the sale price of the motorcycle?
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Answer:
Thus, the sale price of the motorcycle is Rs 16000.
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Let list price of the motor cycle = Rs. x
The rate of Sales Tax =10%
Now,the rate of Sales Tax will be = 100/10
x= x/10
Price including sales tax =17600
⇒x+x/10=17600
⇒10x+x/10 =17600
⇒11x=17600
⇒x=176000/11 =16000
Sale price of motor cycle will be Rs. 16000.
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