a camera is available for rs 1391 inclusive of VAT @ 7% . find its original price . what will be its price if the rate of VAT changes to 12% . solve only note book please friends in detail
Answers
Answered by
127
let O.P = 100%
VAT = 7%
S.P =100 + 7 = 107%
107% = 1391
1% = 13
100% = 1300
O.P of camera = 1300
new VAT(value added tax) = 12%
new VAT(value added tax) = 12%new price of camera will be
= 1300 + 12% of 1300
= 1300 + 156 = Rs1456
Answered by
21
let O.P = 100%
VAT = 7%
S.P =100 + 7 = 107%
107% = 1391
1% = 13
100% = 1300
O.P of camera = 1300
new VAT(value added tax) = 12%
new price of camera will be
= 1300 + 12% of 1300
= 1300 + 156 = Rs1456
Similar questions