a shopkeeper sold a camera to consumer for₹ 1344 which 12% vat find price before vat was added. please tell step step answer
Answers
Amount paid (bill amount)=1344
vat percentage=12%
Let original price=x
tax amount=vat percentage X original price
=12%X x
=12x
100
now,
bill amount =original price +tax amount
1344 =x +12 x
100
1344 =100x+12x
100
1344 =112x
100
1344X100 =x
112
122 X100 =x
56
61X100 =x
28
6100 = x
28
762.5=x
x=762.5
so original price=762.5
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