Question

a family spent rupees 2000 on a party in a restaurant and paid rupees 2100 including VAT the rate of vat is​

Answer 1

Answer:

5%

Step-by-step explanation:

original original money spent =Rs.2000

amount including VAT =Rs.2100

So,VAT =Rs.2100-Rs.2000

=Rs.100

VAT%=

$\frac{100}{2000} \times 100 \\ \ = 5\%$

Answer=5%

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Answer 2

Answer:

5 %

Step-by-step explanation:

Amount including VAT is 2100

Amount excluding VAT is 2000

VAT = 2100-2000

=100

100/ 2000 ×100 = 10/2 = 5

hence VAT is 5 %