Question

A man puchased a sofa set for ₹17920 including 12% VAT. find the price before VAT was added

Answer 1

STEP 1: Find the percentage including VAT:

100 + 12 = 112%

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STEP 2: Equate 112% with the amount

Price = 112%

Price = ₹17920

112% = ₹17920

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STEP 3: Find the price of the sofa set before VAT.

The price of the sofa set is 100% before VAT is added.

Find 1%:

1% = 17920 ÷ 112 = ₹160

Find 100%:

100% = 160 x 100 = ₹16000

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Answer: The price of the sofa set before VAT is ₹16000

Answer 2

sᴛᴇᴘ ①: ғɪɴᴅ ᴛʜᴇ ᴘᴇʀᴄᴇɴᴛᴀɢᴇ ɪɴᴄʟᴜᴅɪɴɢ ᴠᴀᴛ:

①⓪⓪ + ①② = ①①②%

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sᴛᴇᴘ ②: ᴇϙᴜᴀᴛᴇ ①①②% ᴡɪᴛʜ ᴛʜᴇ ᴀᴍᴏᴜɴᴛ

ᴘʀɪᴄᴇ = ①①②%

ᴘʀɪᴄᴇ = ₹①⑦⑨②⓪

①①②% = ₹①⑦⑨②⓪

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sᴛᴇᴘ ③: ғɪɴᴅ ᴛʜᴇ ᴘʀɪᴄᴇ ᴏғ ᴛʜᴇ sᴏғᴀ sᴇᴛ ʙᴇғᴏʀᴇ ᴠᴀᴛ. 

ᴛʜᴇ ᴘʀɪᴄᴇ ᴏғ ᴛʜᴇ sᴏғᴀ sᴇᴛ ɪs ①⓪⓪% ʙᴇғᴏʀᴇ ᴠᴀᴛ ɪs ᴀᴅᴅᴇᴅ.

ғɪɴᴅ ①%:

①% = ①⑦⑨②⓪ ÷ ①①② = ₹①⑥⓪

ғɪɴᴅ ①⓪⓪%:

①⓪⓪% = ①⑥⓪ x ①⓪⓪ = ₹①⑥⓪⓪⓪

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ᴀɴsᴡᴇʀ: ᴛʜᴇ ᴘʀɪᴄᴇ ᴏғ ᴛʜᴇ sᴏғᴀ sᴇᴛ ʙᴇғᴏʀᴇ ᴠᴀᴛ ɪs ₹①⑥⓪⓪⓪