33. A furniture is available for Rs 13750 including VAT. If the rate of VAT is 10% , find
the original cost of the furniture.
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Step-by-step explanation:
Given, Cost of refrigerator inclusive of VAT is = Rs 13750
VAT = 10%
Let us consider the original cost of refrigerator be = Rs x
VAT at the rate of 10% on Rs x = Rs 10/100 × x = Rs 10x/100
So,
x + 10x/100 = 13750
(100x+10x)/100 = 13750
110x/100 = 13750
11x/10 = 13750
11x = 13750 × 10
x = 137500/11
= 12500
∴ Original cost of the refrigerator is Rs 12500
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