Question

A steel almirah is quoted at Rs.1100. Sales tax at the rate of 7% is charged extra. Find the amount the buyer has to pay for the almirah.

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Answer 1

The amount has to pay by the buyer for the almirah is : M. P. + VAT

Where,

• M. P.(marked price) = ₹1,100
• V. A. T. (Value added tax) = 7%

So, the selling price would be :

→ 1,100 + (7% of 1,100)

→ 1,100 + (7/100 × 1,100

→ 1,100 + (7 × 11)

→ 1,100 + 77

→ 1,177

Hence, the buyer has to pay ₹1,177

Answer 2

Answer:

I hope this will help you dear..

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