Question

a home theatre is available for rs 35800 including VAT if original cost of theatre is rs 35500 find the rate of VAT​

Answer 1

Hlo

selling price of a home theatre is ts 35800

including vat

so let the rate of vat be x

A/ q

35500 + 35000× x/100= 35800

(3550000 + 35500x)/100 = 35800

3550000+ 3500x = 3580000

35500x = 3580000- 3550000

35500x = 30000

x = 30000/35500

x = 60/71