Question

2. If 8% VAT is included in the prices, find the original price of
(i) a TV bought for 13500 (ii) a shampoo bottle bought for 180.

Answer 1

Answer:

(i) Initial Price = ₹13500

VAT = 8%

Therefore, $\frac {8} {100} \times 13500$

= ₹1080

New Selling Price = 13500 + 1080 = ₹14580

(ii) Initial Price = ₹180

VAT = 8%

Therefore, $\frac {8} {100} \times 180$

= ₹14.4

New Selling Price = 180 + 14.4 = ₹194.4

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