Question

A refrigerator is available for Rs 14168. If the VAT is 12% , then find the marked price of refrigerator.

Answer 1

VAT is taxed on MP. The selling price of the item is 14168.

∴ MP+(MP*12/100) = 14168

∴ 1.12*MP = 14168

∴ MP = 12650

The marked price of the refrigerator = Rs. 12650/-

Answer 2

Step-by-step explanation:

VAT is taxed on mp. the selling price of

the item is 14168.

2) mp + (Mpx/2) = 14168

Ans

the marked price of the refrigerator = Rs = 12650/7/

=1,12 X Mp = 14168 2

= Mp=12650