Question

5. Anjana buys a purse for 526.80 including 8% VAT. Find the new selling price of the purse if
VAT increases to 10%.​

Answer 1

Answer:

The selling price of the purse is 523.8

In which 8%VAT is included

Let the original price be x

So 523.8=x+

100

8

x

523.8=

25

27

x

x=

27

25×523.8

x=485

VAT=10%ofx

100

10

×485

48.5

So The new selling price is 485+48.5=533.5