Question

9) A gold ring was purchased for Rs 18,700 including 10 % VAT. Find the price before VAT was added.​

Answer 1

Answer:

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Step-by-step explanation:

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Answer 2

Answer:

Purchase price is 18700 (including VAT)

VAT is 10% of the price.

Since VAT is included in price... that is why..

18700 × 10 / 110 = 1700

Hence VAT is 1700

Selling Price = 18700 - 1700

=17000