2880
240 x = = 2880 = x= = 12.
240
rate of VAT is 12%.
EXERCISE 10C
1. The list price of a refrigerator is 14650. If 6% is charged as sales tax, find the cost of the
refrigerator.
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Explanation:
List price =Rs 14650
6% sales tax
=14650×100106
=14650×106
=Rs 15529
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